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11200 Catharpin Rd 8,500 SF 100% Leased Retail Building Spotsylvania, VA 22553 $1,710,375 CAD ($201.22 CAD/SF) 7% Cap Rate
Executive Summary
Excellent investment opportunity with unlimited potential. The primary residence at 11200 Catharpin Rd features 3 bedrooms and 2 bathrooms. Additional income-producing units include a Second #2 home offering 3 bedrooms and 2 bathrooms, as well as a Third #3 home with 2 bedrooms and 1 bathroom.
The property also boasts an impressive upper shop approximately 1,950 sq ft in size, complete with two vehicle lifts and office space,
along with a lower shop of approximately 1,300 sq ft featuring two additional lifts.
All properties are tenant occupied. Please do not disturb tenants. Showings by appointment only—schedule your showing today!
House #1. 11200 Catharpin Rd
3 br/ 2 bathroom, Covered Porch, Circle Driveway, Large kitchen,
Dining room, office area, Laundry Room.
Newer Heat pump, Newer Roof
New LVL Floor and New Carpet, New Appliances. Beautiful Flat Yard
Large Double Car garage with concrete pad.
Shed, second carport. Well and Septic.
Home #2 ,Double wide House 11202 Knightly Way
3 bedroom / 2 bathroom. 24 x 55, Newer Heat pump
Double Carport, Beautiful Yard.
Shares well with single wide.
Third Home, Single Wide: 11203 Knightly Way
2 Bedroom / 1 Bathroom
Large Shed , Backs to woods!
Double car port
Lower Shop 11146 Catharpin Road
50’ x 26’ approx. 1300 square feet. 2 Car lifts, 4 Bays, Oil Heat, Office.
200 amp panel.
Top Shop: 11200 Knightly Way
65 x 30 1950 square feet,
4 Bays, 2 lifts, office, Oil Heat
The property also boasts an impressive upper shop approximately 1,950 sq ft in size, complete with two vehicle lifts and office space,
along with a lower shop of approximately 1,300 sq ft featuring two additional lifts.
All properties are tenant occupied. Please do not disturb tenants. Showings by appointment only—schedule your showing today!
House #1. 11200 Catharpin Rd
3 br/ 2 bathroom, Covered Porch, Circle Driveway, Large kitchen,
Dining room, office area, Laundry Room.
Newer Heat pump, Newer Roof
New LVL Floor and New Carpet, New Appliances. Beautiful Flat Yard
Large Double Car garage with concrete pad.
Shed, second carport. Well and Septic.
Home #2 ,Double wide House 11202 Knightly Way
3 bedroom / 2 bathroom. 24 x 55, Newer Heat pump
Double Carport, Beautiful Yard.
Shares well with single wide.
Third Home, Single Wide: 11203 Knightly Way
2 Bedroom / 1 Bathroom
Large Shed , Backs to woods!
Double car port
Lower Shop 11146 Catharpin Road
50’ x 26’ approx. 1300 square feet. 2 Car lifts, 4 Bays, Oil Heat, Office.
200 amp panel.
Top Shop: 11200 Knightly Way
65 x 30 1950 square feet,
4 Bays, 2 lifts, office, Oil Heat
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,500 SF
Building Class
C
Year Built
1970
Price
$1,710,375 CAD
Price Per SF
$201.22 CAD
Cap Rate
7%
NOI
$119,726 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
2.40 AC
Zoning
A2 - A-2
Amenities
- Tenant Controlled HVAC
- Air Conditioning
Property Taxes
| Parcel Number | 20-A-30A | Improvements Assessment | $48,575 CAD |
| Land Assessment | $43,786 CAD | Total Assessment | $92,360 CAD |
Property Taxes
Parcel Number
20-A-30A
Land Assessment
$43,786 CAD
Improvements Assessment
$48,575 CAD
Total Assessment
$92,360 CAD
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Presented by
Platinum Properties LLC
11200 Catharpin Rd
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