195 TORAY DR
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Location
195 TORAY DR
City, State, Zip
FRONT ROYAL, VA 22630
Mblu
12/ G 1/ 2 1/ A1/
Owner
IPS2 LLC
Taxable Status
Non-Exempt
PBN
COMMERICAL/INDUSTRAL
Appraisal
$15,365,500
PID/ACCOUNT#
1983
Building Count
1
Legal Description
L 1A1 LISPEN LLC LR95-1778 & BDY ADJ/CONSOL LR18-929 SLIDE 286F
Topography
Assessing District
001
District
01: NORTH RIVER - COUNTY
Current Value
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$14,016,300$0$452,800$896,400$15,365,500

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerIPS2 LLC
Co-Owner
Care Of
Address1346 PLEASANTS DR
SUITE 6
HARRISONBURG, VA 22801-3852
Sale Price$0
BookLR-2026
Page3409
Sale Date07/07/2026
Instrument19
QualifiedU

Ownership History
Ownership History
OwnerSale PriceInstrumentSale DateRef NumberBookPage
IPS2 LLC$01907/07/2026 LR-20263409
SHEN VALLEY LLC$01907/07/2026 LR-20263408
KSC ANDERS LLC/MORRIS REAL ESTATE $01907/07/2026 LR-20263407
LISPEN LLC$00010/04/20165240LR-20165240
MORRIS REAL ESTATE PROPERTIES LLC/$00010/04/20165239LR-20165239

Building Information
Building 1 : Section 1
Year Built: 2022
Living Area: 0
Building Percent Good: 91
Building Attributes
FieldDescription
Section StyleWarehouse
ModelCommercial
GradeGrade C
Stories1.0
Heat SystemHEAT PUMP
Interior Wall 1METAL
Interior Wall 2NONE
Garage TypeNONE
Extra Fixture(s)0
Fireplace(s)0
Extra Kitchen(s)0
Total Room(s)1
Carport TypeNONE
Interior Floor 3 
Frame TypeCONC BLOCK
Roof CoverCOMP SHINGLE
Roof TypeGABLE
AC Type 
Exterior Wall 2N/A
Full Bath(s)0
FoundationCONCRETE
Exterior Wall 1CONCRETE BLOCK
BasementNONE
Interior Wall 3 
Bedroom(s)0
Num Units0
Gas Fireplace(s)0
Flue(s)0
Metal Flue(s)0
FBM Quality 
Heat FuelELECTRIC
Inop Flue/FPL0
Interior Floor 1CONCRETE
Interior Floor 2NONE
Legacy Area138015
Half Bath(s)0
Stacked Fireplace(s)0
Num Cars - Carport0
Num Cars - Garage0
Num Cars - Built In0
Fin Bsmt Area0
Garage Type 2NONE
Num Cars - Garage 20
Split FoyerNo
Split LevelNo
Grade Adjust0
Basement Area0
SEW/WTR/LNDNO
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
I05CINDUSTRIAL PRESTRESS - C 27,603 0
I08BCOLD STORAGE/SQ FT - B 110,412 0
   138,015 0

Extra Features
Extra Features

No Data for Extra Features


Parcel Information
Use Code400C
DescriptionCOMMERCIAL/INDUSTRIA - COM  
Deeded Acres

Land
Land Use
Use Code400C
DescriptionCOMMERCIAL/INDUSTRIA - COM  
ZoneI
Neighborhood
Category
Land Line Valuation
Size (Acres)9.94
Frontage0
Depth0
Total Market Land$896,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #Comment
MISCOBMiscellaneous OutbuildingTYTypical1.00 UN$100,0001LIGHTS 2022
PAVMTPavementTYTypical98000.00 UN$352,8001 
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$14,016,300$0$452,800$896,400$15,365,500
2025$14,016,300$0$452,800$896,400$15,365,500
2024$13,111,400$0$100,000$994,000$14,205,400

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