This prime investment opportunity features a single-tenant building leased to Virginia Cancer Institute, Inc., a reputable healthcare organization. The lease is structured as Triple Net (NNN), offering minimal landlord responsibilities and stable income. The tenant has 5 years remaining on the current lease, with renewal options available. The lease also includes scheduled rental increases during the initial term and option periods, generating a steady Net Operating Income (NOI) and providing a hedge against inflation. With a 6.4% cap rate and an asking price of $4,400,000, this property is situated in a high-traffic, accessible location, making it a strong addition to any investor’s portfolio.
M-2 Industrial zoned land on Puddledock in Prince George. This is a fantastic opportunity for those that would like to maintain rental income on the occupied spaces/buildings and house their own industrial business. Perfect for construction, excavation, landscaping, storage, etc. The current owner operated their excavation business for decades from the large shop/garage while providing rental opportunities for other local small businesses as well. Currently there are 16 tenants that rent various buildings, storage units and land/parking. Two storage bays and the large shop at the rear of the property will become available to occupy or rent after closing. There is plenty of opportunity to expand on the income potential on the remaining land. Located between Vulcan and Red Hill Trailer Park and conveniently near Ft Gregg Adams, interstates 95 and 295. This sale is for 3920 and 3940 Puddledock Rd which is three parcels totaling approximately 13.29 acres. PID 110(06)00-00B-0; 110(06)00-00C-0; 110(06)00-00D-0.
Centrally Located property in Prince George County Virginia. The Property is 45.69 acres including the 0.57 acre lease area for the cell tower. It has previously been approved for the change back to M1 Zoning from its current Agricultural zoning. The owners will complete the process prior to closing. The property is located just off Temple Avenue between Colonial Heights and Hopewell. Convenient to Fort Gregg-Adams, Interstates 85, 95, 295 and 460. Has a railroad spur that services the rock quarry adjacent to the property. There is already Public Water to the property and public sewer approximately 14,000' away and has dedicated easement for installation. There is a cell tower currently on an adjacent, included property that brings in approximately $20,000.00 a year. There is also an additional 1.5 acres with a house and garage that may be available for purchase adjacent to the property. A great property with Manufacturing, Warehouse and Distribution potential.
The median home value in Prince George, VA is $323,900. This is higher than the county median home value of $322,500. The national median home value is $338,100. The average price of homes sold in Prince George, VA is $323,900. Approximately 64.82% of Prince George homes are owned, compared to 35.19% rented, while 0% are vacant. Prince George real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Prince George real estate agent to arrange a tour today!
Prince George, Virginia 23875 has a population of 1,707. Prince George 23875 is less family-centric than the surrounding county with 28.29% of the households containing married families with children. The county average for households married with children is 31.19%.
The median household income in Prince George, Virginia 23875 is $71,022. The median household income for the surrounding county is $78,895 compared to the national median of $69,021. The median age of people living in Prince George 23875 is 38.7 years.
The average high temperature in July is 89.9 degrees, with an average low temperature in January of 29.5 degrees. The average rainfall is approximately 45.7 inches per year, with 7.1 inches of snow per year.