Added: Jan 27Changed: Sep 3Last Checked: Sep 2 at 3:11PM
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Investment Insights
Based on property information with market context.
This highly visible 1.38 acre parcel, measuring 200 feet wide by 300 feet deep, overlooks a diverse retail area that includes Costco. A geotechnical report, Phase 1 environmental assessment, and a full ALTA survey are available. The site is located on Millwood Pike, a heavily used road with a daily traffic count of 21,000 vehicles. It also offers convenient access to Interstate 81. The surrounding commercial hub features a mix of retail stores, restaurants, and service-oriented businesses, generating a broad customer base and consistent daily traffic. Winchester, situated in the Shenandoah Valley, is one of the fastest-growing metro areas in the Commonwealth of Virginia, with a projected population growth of 12.7% over the next decade. The city's employment landscape includes agriculture, forestry, manufacturing, retail, professional services, education, and healthcare. Valley Health Systems, the leading employer, operates the Winchester Medical Center, a regional referral hospital and Level II trauma center. Shenandoah University, with an enrollment of approximately 4,000 students, offers over 90 programs of study and has expanded its presence in downtown Winchester with housing, administrative facilities, and classrooms. Winchester is well-connected by major interstate highways I-81 and I-66, along with state highways Routes 50, 7, 11, and 522, providing access to Washington, D.C. (74 miles away) and Baltimore (97 miles away).
Key Highlights
High‑visibility 1.38‑acre parcel with 200' frontage on heavily trafficked Millwood Pike (21,000 vehicles daily).
Located in a fast‑growing metro area (Winchester/Frederick County, VA) with projected population growth of 12.7% over the next decade.
Convenient access to Interstate 81.
Property Analytics
Property Profile
Current Use
Commercial land
Suggested Use
Top PickLaw FirmGrocery & Convenience StoreLocksmith(Bike/Boat/Book/etc) StoreCarpet & Flooring StoreElectrical Service
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 22602, VA
30,865
Population
11,716
Households
2.6
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
113.5 sq mi
ZIP Area
272
Density / Sq Mi
$99,534
Median Household Income
$49,199
Median Earnings
$1,367
Median Rent
$351,400
Median Home Value
Questions? Ask Rey
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Commercial land - 1.38 acre parcel in a strong commercial hub.
Where is this commercial land located?
The property is located at 1115 Millwood Pike Winchester, VA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: High‑visibility 1.38‑acre parcel with **200' frontage on heavily trafficked Millwood Pike (21,000 vehicles daily)**.; Located in a fast‑growing metro area (Winchester/Frederick County, VA) with projected population growth of 12.7% over the next decade.; Convenient access to Interstate 81.
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New: 350 Mission StJust listed · $36/SF · 2 min ago