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    1403 Geo Wash Mem Hwy Yorktown, VA

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    For Sale
    $2,475,000

    Land suitable for retail, office, industrial, or multifamily development.

    Lot size:
    19.02 Acres

    Property Features for 1403 Geo Wash Mem Hwy

    General Information

    Lot size
    19.02 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Chris Zarpas

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

    Overview

    Yorktown Land for Development

    This property features "EO" zoning, which permits retail, office, light industrial, and multifamily development with a Conditional Use Permit. Located off the heavily traveled George Washington Memorial Highway, the site offers up to 30 acres, with 11.23 acres of contiguous frontage available for sale by the owner. The location benefits from strong market conditions, with no new retail construction in York County in the past 10 years and a current retail vacancy rate of 1.5%. York County also boasts the highest regional average apartment rent, at $1,796. The average household income within a 5-mile radius is $106,423, indicating a strong local economy.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Yorktown
    County
    York
    State
    Virginia
    Longitude
    -76.5096731
    Latitude
    37.2387556

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    FAQs

    What type of property is this?
    Land - Land suitable for retail, office, industrial, or multifamily development.
    Where is this land located?
    The property is located at 1403 Geo Wash Mem Hwy Yorktown, VA.
    What is the asking price?
    The asking price for this property is $2,475,000.
    What are key features of this property?
    This property features: - "EO" Zoning permits Retail, Office, Light Industrial, and Multifamily (With C.U. Permit); - Up to 30 Acres Available / **11.23 Acres of Contiguous Frontage For Sale By Owner**; - Located off heavily traveled George Washington Memorial Highway
    (757) 237-7500
    Request Owner's contact information
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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
    1403 Geo Wash Mem Hwy Yorktown, VA
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