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Property profile & analytics
OFF-MARKET
Commercial real estate

General & Allison Dr Luray, VA 22835

67,518 SF 1.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.55-acre commercial property, located at 0 General & Allison Drive in Luray, Virginia, presents a unique investment opportunity. Boasting 67,518 square feet of land, this parcel enjoys a highly visible position in the thriving Luray Landing area, zoned B-1. Its strategic location offers unparalleled access and exposure, situated near Laurel Ridge Community College, Walmart, and a multitude of other established businesses. The property's proximity to the entrance of D.A. Horton's new subdivision ensures a growing customer base and high traffic volume. The B-1 zoning allows for a wide range of commercial uses, making it suitable for retail establishments, office buildings, professional offices, automotive businesses, or any other compatible commercial venture. This prime location offers significant potential for growth and return on investment, making it an attractive proposition for discerning entrepreneurs and investors seeking a high-impact commercial property in a rapidly developing area. The property's size and visibility make it an exceptional opportunity to establish a successful and thriving business. The convenient access to US Route 211 By-Pass further enhances its appeal and accessibility. Don't miss this chance to secure a prominent location in a dynamic and growing community. The asking price is $465,000.

Property profile
Verified
Property type Commercial real estate
Total area 67,518 SF
Lot 1.55 ac (67,518 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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