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    385 Waugh Blvd Orange, VA 22960

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    For Sale
    $2,400,000

    Mixed-use property in Orange, VA, featuring multiple buildings and residential unit.

    Lot size:
    4.06 Acres

    Property Features for 385 Waugh Blvd

    General Information

    Lot size
    4.06 Acres

    Building Details

    Year built
    1948

    Source: Jack Samuels Realty Agent Donna Edwards Waugh-Robinson

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

    Overview

    Orange Mixed-Use Investment Opportunity

    This investment opportunity in the Town of Orange includes two parcels totaling 4.059 acres. Located within the Town Activity Center Zoning (mixed use), the property features six buildings, one pavilion, and one house, totaling 35,034 square feet. Ample parking is available on the corner lot. Parcel #1, located at 385 and 389 Waugh Blvd, includes six buildings with a combined area of 30,832 square feet, plus a 900-square-foot pavilion, situated on 3.632 acres. Parcel #2, located at 401 Waugh Blvd, features a 2,822 gross square foot residence with a full basement, four bedrooms, and three full baths, along with a 480-square-foot detached garage, on 0.427 acres. The property is available for further division.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    Orange
    State
    Virginia
    Longitude
    -78.0969323
    Latitude
    38.2432044

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Orange, VA, featuring multiple buildings and residential unit.
    Where is this mixed-use property located?
    The property is located at 385 Waugh Blvd Orange, VA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Below appraised value investment opportunity.; - 4.059 acres in Town Activity Center Zoning (mixed use).; - Six buildings, one pavilion, and one house totaling 35,034 sq ft.
    (540) 661-2263
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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
    385 Waugh Blvd Orange, VA 22960
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