172 W OLD CROSS RD New Market, VA 22844
COMMERCIAL - NEW MARKET, VA
- Added:
- Jan 30, 2024
- Days on Market:
- 894
- Last Refresh:
- Jul 12 at 11:06 pm
Property Features for 172 W OLD CROSS RD
General Information
- Property type
- Commercial Lease
- Property subtype
- Other
- Zoning
- B-1 Local Business
- Standard status
- Active
- APN
- 103 A 067
- Lot size
- 1.10 Acres
Utilities
- Heating system
- Natural Gas, Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1992
Listing agent Chad Dunham License #0225266331 (540) 434-9922
Listing office Cottonwood Commercial LLC 1960 Evelyn Byrd Ave, Harrisonburg, VA (540) 434-9922
Listing date Jan 30, 2024
Copyright © 2026 Harrisonburg-Rockingham 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.
The property is located in New Market, Virginia on over one acre, positioned immediately off Interstate 81 exit 264. The sign is described as visible from I-81, with AADT noted at 46,000.
The B-1 Local Business zoning supports a range of retail or commercial uses, with the drive-through configuration especially relevant for quick-service restaurant concepts and other service-oriented businesses that benefit from controlled off-street ordering and pickup. Lease terms are structured as a percentage of gross sales per month, with 7.5% in the first year and 8% for years two and beyond, paid monthly. For operators looking for an interstate-adjacent, drive-through-ready location with meaningful signage visibility, this site is a practical option to evaluate.
Key Highlights
- Former Burger King QSR with two drive‑thru lanes
- On over 1 acre, conveniently located immediately off Interstate 81 exit 264
- Large high‑rise sign approx. 90' tall visible from I‑81 (AADT 46,000)