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Commercial Land Outparcel Opportunity

861 Shenandoah Village Dr Waynesboro, VA 22980

861 Shenandoah Village Dr, Waynesboro, VA, 22980
$750,000
For Sale
$750,000

1.31-acre outparcel offers strong site potential for retail and service tenants near a major power center and I-64 access.

Lot Size1.31 Acres
Days on Market50

Property Features for 861 Shenandoah Village Dr

General Information

Standard status
Active
Lot size
1.31 Acres
Property subtype
Land
Listing agency Divaris Real Estate - Richmond
Listed by Brett McNamee
Source Divaris
Added: Jun 2 Updated: Jul 10 at 1:47PM Checked: Jul 21 at 8:08AM

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 Divaris Real Estate - Richmond


Investment Insights

Based on property information with market context.

This offering is a 1.31-acre commercial land outparcel available for sale or ground lease. The site presents a road-facing opportunity with approximately 330 feet of frontage along Shenandoah Village Drive, suited for freestanding development. The property is being marketed for a variety of high-visibility concepts, including freestanding dental, chiropractic, medical office, fast food, gym, and entertainment uses.

The outparcel is positioned in a premier location within the Waynesboro Town Center regional power center. It sits in the southeast quadrant of Waynesboro, Virginia, near I-64 and Rosser Avenue/Route 340 in the Shenandoah Valley, with close proximity to Exit 94 off I-64. The center serves the regional market area that includes Waynesboro, Staunton, and Harrisonburg. The surrounding retail tenant mix includes Target, Kohl’s, Boot Barn, Old Navy, Hibbett Sports, Chick-fil-A, Ross, PetSmart, Michaels, McAlister’s Deli, Rack Room Shoes, and more.

For investors and developers, the combination of substantial frontage and proximity to an established power center can support a range of freestanding neighborhood-serving and destination uses. The sale-or-ground-lease structure also provides flexibility for operators looking to secure a prominent site for a new concept within a proven retail environment.

Key Highlights

  • 1.31‑acre outparcel available for sale or ground lease in the Waynesboro Town Center (southeast quadrant of Waynesboro, VA).
  • Approximately 330' road frontage along Shenandoah Village Drive.
  • Close proximity to Exit 94 off I‑64 for convenient regional access.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Building Supply HVAC Service Big Box & Wholesale Store Auto Parts Store Electrical Service Storage Facility Grocery & Convenience Store Gym & Fitness Center

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

FAQs

What type of property is this?
Commercial land - 1.31-acre outparcel offers strong site potential for retail and service tenants near a major power center and I-64 access.
Where is this commercial land located?
The property is located at 861 Shenandoah Village Dr Waynesboro, VA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1.31‑acre outparcel available for sale or ground lease in the Waynesboro Town Center (southeast quadrant of Waynesboro, VA).; Approximately 330' road frontage along Shenandoah Village Drive.; Close proximity to Exit 94 off I‑64 for convenient regional access.
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