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    Tbd Stuarts Draft Hwy Stuarts Draft, VA 24477

    For Sale
    $3,000,000

    Development - STUARTS DRAFT, VA

    Type:Single Family Residence
    Lot size:
    19.04 Acres
    Days on Market:
    439
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for Tbd Stuarts Draft Hwy

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    MF Multi-Family Residential
    Lot size
    19.04 Acres

    Building Details

    Architectural style
    Other

    Old Dominion Realty (540) 943-0085 [email protected]

    Listing agent CHARLIE WARD (540) 943-0085

    Listing date Sep 24, 2024

    MLS# 657144 Listing URL

    Copyright © 2025 Greater Augusta 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.

    Overview

    Multi-Family Development Opportunity

    This property presents a multi-family development opportunity with a proposed plan for maximum density, potentially accommodating 4-story buildings. Alternative development options include townhouses or condos. The location benefits from high visibility, with over 13,000 cars passing daily, and a possible entrance off Route 340. The property is conveniently located within walking distance of urgent care facilities, a Food Lion grocery store, several restaurants, and a new Starbucks. The site is zoned for MF Multi-Family Residential use and has a lot size of 19.04 acres, located in Stuarts Draft, VA.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Stuarts Draft
    County
    Augusta
    State
    Virginia
    Longitude
    -79.0396
    Latitude
    37.9955

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    FAQs

    What type of property is this?
    Residential land & home lot - Multi-family development opportunity in Stuarts Draft, VA.
    Where is this residential land & home lot located?
    The property is located at Tbd Stuarts Draft Hwy Stuarts Draft, VA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - High-density multi-family development potential with proposed 4-story buildings.; - Versatile development options: townhouses or condos are also possible.; - High-traffic location (over 13,000 cars daily) with potential entrance off Route 340.
    (540) 943-0085
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    Realmo Value Estimation

    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.

    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.

    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
    Tbd Stuarts Draft Hwy Stuarts Draft, VA 24477
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