Commercial Land Outparcel
For Sale
$750,000
861 Shenandoah Village Dr, Waynesboro, VA 22980
1.31-acre outparcel offers strong site potential for retail and service tenants near a major power center and I-64 access.
Property SizeContact for details
Lot Size1.31 Acres
Days on Market95
Property Features for 861 Shenandoah Village Dr
General Information
Standard status
Active
Lot size
1.31 Acres
Property subtype
Land
Additional Details
Highway Access
Yes
Listing Agency:
Divaris Real Estate Inc
Listed By:
Brett McNamee
(804) 977-2093
Source:
Divaris
Added: Jun 2
Changed: Aug 9
Last Checked: Sep 4 at 5:55AM
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 Inc
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.
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
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 22980, VA
33,049
Population
14,711
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
74.5 sq mi
ZIP Area
444
Density / Sq Mi
$63,176
Median Household Income
$41,839
Median Earnings
$968
Median Rent
$256,000
Median Home Value
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Frequently Asked Questions
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.
