Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 Front Royal Pke Winchester, VA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Land available for ground lease in Winchester, Virginia.

    Type:RETAIL
    Property size:
    6,000 SF
    Lot size:
    33.52 Acres
    Added:
    Nov 1, 2023
    Days on Market:
    912
    Last Refresh:
    Apr 5 at 11:23 pm

    Property Features for 0 Front Royal Pke

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    33.52 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 0 Front Royal Pke Contact us

    We can help!

    Listing Contact
    M. John Meyer

    Listing agent M. John Meyer

    Listing office KLNB - Baltimore

    Listing date Nov 1, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of KLNB - Baltimore

    Overview

    Commercial Land for Lease

    Pad sites are available for ground lease. A proposed 24,000 square foot strip is planned, along with a proposed 6,000 square foot strip. There are two proposed fast food/drive-thru pads available, ranging from 2,100 to 2,600 square feet. Additionally, there is a 1.24 acre pad site and a 3.07 acre pad site. The location is at the signalized intersection of Tasker Woods Road (Rt 642) and Front Royal Pike (Rt 522), providing easy access to both Winchester and the growing Stephens City markets.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Winchester
    County
    Frederick
    State
    Virginia
    Longitude
    -78.1633
    Latitude
    39.1857

    Nearby Similar for Lease

    • $2,500/Mo

      Downtown Winchester Retail Storefront

      Darling, remodeled storefront near Walking Mall with rare rear patio.
      42-44 PICCADILLY Street E, WINCHESTER, VA 22601
      View Details
    • $1,797/Mo

      Renovated Office Space Available

      Charming commercial space in Winchester, VA, renovated in 2025.
      158 FRONT ROYAL Pike, WINCHESTER, VA 22602
      View Details
    • $12 SF/Yr

      Prime Office Space in Winchester

      7082 SF office space for lease in Winchester, VA.
      252 AIRPORT, WINCHESTER, VA 22602
      View Details
    • $1,093/Mo

      Charming Commercial Lease Opportunity

      Commercial lease in a vibrant neighborhood, renovated in 2025.
      158 FRONT ROYAL Pike, WINCHESTER, VA 22602
      View Details
    • $1,600/Mo

      Old Town Cottage Office Space

      Office space in the heart of Old Town Winchester.
      304 S BRADDOCK Street, WINCHESTER, VA 22601
      View Details
    • $2,259/Mo

      Renovated Office Space Available

      Charming commercial lease in a vibrant, accessible location.
      158 FRONT ROYAL Pike, 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
    • $15 SF/Yr

      Downtown Winchester Office Space Available

      Prestigious office building in the heart of downtown Winchester.
      38 ROUSS Avenue, WINCHESTER, VA 22601
      View Details
    • $3,048/Mo

      Prime Old Town Retail Space

      Exceptional location in historic Old Town Winchester.
      137 S LOUDOUN Street, 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 Street, WINCHESTER, VA 22601
      View Details
    • $16 SF/Yr

      Renovated Suites in Winchester, VA

      Newly renovated suites suitable for retail or office use.
      2014 LOUDOUN Street S, 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 Street, WINCHESTER, VA 22601
      View Details

    FAQs

    What type of property is this?
    Strip mall - Land available for ground lease in Winchester, Virginia.
    Where is this strip mall located?
    The property is located at 0 Front Royal Pke Winchester, VA.
    What are key features of this property?
    This property features: Located at a signalized intersection of Tasker Woods Road (Rt 642) & Front Royal Pike (Rt 522); Pad sites available for ground lease; Proposed 24,000 SF strip
    (410) 321-0100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    M. John Meyer
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!