Development Opportunity in Waynesboro,
1200 5TH ST Waynesboro, VA 22980
For Sale
$180,000
LAND - WAYNESBORO, VA
Lot Size2.95 Acres
Days on Market419
Property Features for 1200 5TH ST
General Information
Property type
Land
Property subtype
Other
Standard status
Active
Lot size
2.95 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
47-1-157-7A, 2.435 Acres Oak Hill Co W'Boro INC Land Basic City Block 157; 47-1-1, Lot 1 Oak Hill Co, .172 Ac; 47-1-2, Lot2 Oak Hill Co, .172 Ac & 47-1-3, Lot 3 Oak Hill Co, .172 Ac
Tax Annual Amount
1040
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
NEXTHOME PREMIER PROPERTIES & ESTATES
(540) 832-0071
Listed By:
CINDY JOSKOWIAK · License #0225065052,PersonLicenseNumber
(434) 906-0274
Added: Jun 7, 2025
Changed: Jun 3
Last Checked: Jul 30 at 2:06AM
MLS# 665559
Copyright © 2026 Charlottesville Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2.95-acre property presents an exceptional development opportunity within a designated Opportunity Zone. The site comprises 4 parcels, including 3 subdivided lots of 0.172 acres each, ready for construction. Zoned RG-5 (General Residential), the property allows for duplexes and various residential options. Phase 1 preliminary work has been completed, with plat and survey documents available. There is a possibility to create up to 7 total lots. Buyers should verify zoning and development options with the locality. This property is suitable for builders, investors, or developers seeking a shovel-ready project with potential tax advantages. The property is located in WAYNESBORO, VA.
Key Highlights
- 2.95‑acre property in a designated Opportunity Zone, offering potential tax advantages.
- Includes 4 parcels with 3 subdivided, build‑ready lots (0.172 acres each).
- Zoned RG‑5 (General Residential) allowing for duplexes and other residential options.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Land - 2.95-acre property with development potential in an Opportunity Zone.
Where is this land located?
The property is located at 1200 5TH ST Waynesboro, VA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 2.95‑acre property in a designated Opportunity Zone, offering potential tax advantages.; Includes 4 parcels with 3 subdivided, build‑ready lots (0.172 acres each).; Zoned RG‑5 (General Residential) allowing for duplexes and other residential options.
