Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    175 Front Royal Pike Winchester, VA 22602

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Strategically located shopping center with anchor and shop space available.

    Property size:
    3,140 SF
    Lot size:
    24.09 Acres

    Property Features for 175 Front Royal Pike

    General Information

    Size
    3,140 SF
    Lot size
    24.09 Acres

    We can help!

    Listing Contact
    Rob Meeks
    Rob Meeks
    Source: Moodyscre

    Listing Agent: Rob Meeks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Winchester, VA

    This established shopping center is strategically located at the southeast corner of US 50 (Millwood Pike) and US 522 (Front Royal Pike). The property is in close proximity to I-81, in a region that has long benefitted from its geographic advantages in the heart of the East Coast. Anchor, shop space, and freestanding availabilities are present, with excellent pylon signage. Six points of access are available, including signalized entrances on US Routes 50 and 522. Shenandoah University is nearby, with over 4,100 students and 500 faculty members. The property offers 3,140 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Winchester Action Billiards Arcade & Gaming Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Apple Blossom Mall, Winchester Commons, Centre At Winchester, Delco Development, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Frederick
    State
    Virginia
    Longitude
    -78.1563029
    Latitude
    39.1590411

    Nearby Similar for Lease

    • New
      $20 SF/Yr
      10,454 SF

      Prime Winchester Office Space Available

      Highly visible office space next to Shenandoah University for lease.
      650 Millwood Ave, Winchester, VA 22601
      View Details
    • $17 SF/Yr

      Downtown Winchester Restaurant Opportunity

      Restaurant space in historic downtown Winchester with outdoor dining area.
      100 N Loudoun St, Winchester, VA 22601
      View Details
    • $2,500 /Mo
      35,284 SF

      Winchester Office Space For Lease

      1,500 SF office space in Winchester, VA for lease.
      1104 Amherst St, Winchester, VA 22601
      View Details
    • $1,250 /Mo

      Retail/Office Space on Valley Avenue

      Ground-level retail or office space with high visibility available for lease.
      2641 Valley Ave, Winchester, VA 22601
      View Details
    • $11 SF/Yr

      Prime Office Space in Winchester

      Beautiful office space near Old Town Walking Mall, move-in ready.
      45 E Boscawen St, Winchester, VA 22601
      View Details
    • $1,500 /Mo
      3,485 SF

      Downtown Winchester Office Space Available

      Bright office suite in downtown Winchester with dedicated parking.
      7 W Piccadilly St, Winchester, VA 22601
      View Details
    • $12 SF/Yr
      232,175 SF

      Turn Key Office Space

      3088 SF office space available for lease in Winchester, VA.
      252 Airport Rd, Winchester, VA 22602
      View Details
    • $2,500 /Mo

      Winchester Office Space For Lease

      573 SF office space with private offices for lease.
      1521 Martinsburg Pike, Winchester, VA 22603
      View Details
    • $575 /Mo

      Downtown Winchester Office Suites For Rent

      Full-service office suites in downtown Winchester, ideal for professionals.
      116 W Piccadilly St, Winchester, VA 22601
      View Details
    • $16 SF/Yr

      Renovated Suites in Winchester, VA

      Newly renovated suites suitable for retail or office use.
      2014 Loudoun St S unit B C, Winchester, VA 22601
      View Details
    • $1,500 /Mo
      8,276 SF

      Downtown Winchester Office Space Available

      Office space in downtown Winchester business district, convenient location.
      112 N Cameron St, Winchester, VA 22601
      View Details
    • $1,906 /Mo

      Winchester Office Space For Lease

      Office space in Winchester with reception area and restroom.
      19 E Gerrard St, Winchester, VA 22601
      View Details

    FAQs

    What type of property is this?
    Shopping center - Strategically located shopping center with anchor and shop space available.
    Where is this shopping center located?
    The property is located at 175 Front Royal Pike Winchester, VA.
    What are key features of this property?
    This property features: - Strategic location at the intersection of US 50 and US 522, near I-81.; - Anchor, shop space, and freestanding building availabilities.; - Excellent pylon signage.
    (202) 352-2306
    Request Owner's contact information
    175 Front Royal Pike Winchester, VA 22602
    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.
    175 Front Royal Pike
    Winchester, VA 22602
    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
    175 Front Royal Pike Winchester, VA 22602
    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
    Rob Meeks
    Rob Meeks
    (202) 352-2306
    Learn more
    Google sign-in failed. Please try again or use another login method.