Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Foundry St Woodstock, VA 22664

    View on Map
    Sponsored
    For Sale
    $250,000

    LAND - WOODSTOCK, VA

    Lot size:
    0.28 Acres
    Days on Market:
    25
    Last Refresh:
    Mar 7 at 2:06 am

    Property Features for Foundry St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.28 Acres

    We can help!

    Listing Contact
    Abby L Walters

    Preslee Real Estate (540) 227-4416

    Listing agent Abby L Walters (540) 227-4416 License #0225090305

    Listing date Feb 11, 2026

    MLS# VASH2013270

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Development Opportunity in Downtown Woodstock

    This flat, cleared lot presents a prime development opportunity in downtown Woodstock. Zoned B-1, the property allows for an 8-unit apartment building by-right, eliminating the need for special use permits or hearings. Subdivision into two lots is also possible, allowing for two buildings with up to 4 units each, for a total of 8 units. The B-1 zoning offers additional flexibility with mixed-use potential. Fencing is currently being installed on three sides of the 0.28-acre lot. The location is convenient to Spring House Tavern, the Woodstock Brew House, and downtown shops and amenities. This permit-ready opportunity is located in downtown Woodstock. A hand-drawn site plan, recent survey, and A.I. rendering are available to help visualize the potential of this parcel. The seller is offering the lot only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Woodstock
    County
    Shenandoah
    State
    Virginia
    Longitude
    -78.50173
    Latitude
    38.88372

    Nearby Similar for Sale

    • $1,150,000
      8,608 SF

      Former Assisted Living Facility

      Investment opportunity in Woodstock, VA, suitable for various businesses.
      218 Mill Rd, Woodstock, VA 22664
      View Details
    • $488,000

      Versatile Commercial Building on Route 11

      12,000+ SF commercial building with retail and warehouse space.
      659 North Main St, Woodstock, VA 22664
      View Details
    • $375,000

      Woodstock Specialty Property For Sale

      Specialty property available for purchase in Woodstock, Virginia.
      426 Patmos Rd, Woodstock, VA 22664
      View Details
    • $349,000

      Woodstock Specialty Property For Sale

      Specialty property available for purchase in Woodstock, Virginia.
      244 Parkside Ct, Woodstock, VA 22664
      View Details
    • $349,000

      Parkside Court Specialty Property

      Specialty property available for sale in Woodstock, Virginia.
      250 Parkside Ct, Woodstock, VA 22664
      View Details
    • $315,000

      Woodstock Specialty Property For Sale

      Specialty property available for purchase in Woodstock, Virginia.
      143 S Church St, Woodstock, VA 22664
      View Details
    • $494,000

      Woodstock Specialty Property For Sale

      Specialty property available for purchase in Woodstock, Virginia.
      239 N Church St, Woodstock, VA 22664
      View Details
    • $535,000

      Woodstock Specialty Property for Sale

      Specialty property available for purchase in Woodstock, Virginia.
      123 Oak Hill Dr, Woodstock, VA 22664
      View Details
    • $299,000

      Woodstock Specialty Property for Sale

      Specialty property available in Woodstock, Virginia.
      24295 Senedo Rd, Woodstock, VA 22664
      View Details
    • $1,100,000

      Woodstock Specialty Property for Sale

      Specialty property available for purchase in Woodstock, Virginia.
      1147 Mill Rd, Woodstock, VA 22664
      View Details
    • $325,000
      0.74 Acres

      Land For Sale, Woodstock, VA

      0.74 acre lot available in Woodstock, Virginia.
      S Main St, Woodstock, VA 22664
      View Details
    • $169,900

      Two-Unit Property in Woodstock, VA

      Two-unit property with renovation potential on a .33-acre lot.
      359 W Spring St, Woodstock, VA 22664
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Flat, cleared lot zoned for up to 8-unit apartment building.
    Where is this residential land & home lot located?
    The property is located at Foundry St Woodstock, VA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - By-right zoning allows immediate construction of an 8-unit apartment building.; - Potential for subdivision into two lots, each allowing up to 4 units, totaling 8 units.; - Prime downtown Woodstock location near shops, amenities, Spring House Tavern, and Woodstock Brew House.
    (540) 227-4416
    Request Owner's contact information
    Foundry St Woodstock, VA 22664
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Foundry St
    Woodstock, VA 22664
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Foundry St Woodstock, VA 22664
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Abby L Walters
    Real Estate License ID: WVB210300687
    (540) 227-4416 (540) 335-2582
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!