1200 5 TH Waynesboro, VA 22980

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Listing agent Cindy Joskowiak License #0225065052,PersonLicenseNumber Show Phone

Listing office NextHome Premier Properties & Estates 513 North Main St., VA Show Phone

Listing date Nov 13, 2025

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MLS# VAWB2000196 Listing URL

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Investment Insights

Based on property information with market context.

This property presents an exceptional development opportunity within a designated Opportunity Zone. It comprises three lots, each measuring 0.172 acres, that have already been subdivided and are build-ready. The zoning is RG-5 (General Residential), which allows for duplexes and other residential options. Phase 1 preliminary work has been completed, and a plat and survey are available. The property is suitable for builders, investors, or developers seeking a shovel-ready project with potential tax advantages. Buyers are advised to verify zoning and development options with the locality.

Key Highlights

• Shovel‑ready: 3 subdivided lots (0.516 acres total) ready for immediate development.
• Opportunity Zone: Potential for significant tax advantages for investors and developers.
• RG‑5 Zoning: Allows for duplexes and various residential development options.

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FAQs

What type of property is this?

Land - Three subdivided lots, build-ready in Opportunity Zone.

Where is this land located?

The property is located at 1200 5 TH Waynesboro, VA.

What is the asking price?

The asking price for this property is $180,000.

What are key features of this property?

This property features: Shovel‑ready: 3 subdivided lots (0.516 acres total) ready for immediate development.; Opportunity Zone: Potential for significant tax advantages for investors and developers.; RG‑5 Zoning: Allows for duplexes and various residential development options.