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Five-Acre Commercial Land
For Sale
$875,000

1300 RICHMOND AVENUE LOT 5, Staunton, VA 24401

Divisible B-2 commercial land positioned for retail development with interstate access in the Shenandoah Valley.

Property SizeContact for details
Days on Market509

Property Features for 1300 RICHMOND AVENUE LOT 5

General Information

Standard status Active
Property subtype Land for Commercial Use

Building Details

Year Built 1800
Listing Agency: Cottonwood Commercial, LLC.
Listed By: Chad Michael Dunham · License #0225266331
Source: Kerishull
Added: Apr 29, 2025 Changed: Sep 18 Last Checked: Sep 19 at 11:49AM

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 Cottonwood Commercial, LLC.

Investment Insights

Based on property information with market context.

Lot 5 comprises 5 acres of B-2 commercial land with a divisible configuration suited to retail development. The site is part of a larger commercial tract with up to 50 total acres available, creating flexibility for a range of development scales.

The property fronts Interstate 81 for almost 1 mile and is located at Exit 222 near the I-81 and I-64 interchange. Its position in Staunton, Virginia, places the land within the Shenandoah Valley and provides direct access to two major interstate routes. Retail, QSR, hotel, restaurant, and grocery uses are identified for the site.

Key Highlights

  • 5 acres of divisible B‑2 commercial land
  • Almost 1‑mile frontage on Interstate 81
  • Located at Interstate 81 Exit 222

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Parking Lot & Garage Electrical Service Hair Salon Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
496k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Superstores 19% Shops & Services 18% Home Improvements & Furnishings 9%
Walmart Superstores
95,495 visits/mo 0.5 miles
Sheetz Shops & Services
69,053 visits/mo 0.3 miles
Chick-fil-A Dining
49,303 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
33,359 visits/mo 0.4 miles
McDonald's Dining
28,824 visits/mo 0.2 miles

Demographics for 24401, VA

38,522
Population
18,056
Households
2.1
Avg Household Size
43
Median Age
32%
College-Educated
93%
High-School Grad
132.4 sq mi
ZIP Area
291
Density / Sq Mi
$63,746
Median Household Income
$41,412
Median Earnings
$1,002
Median Rent
$253,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Divisible B-2 commercial land positioned for retail development with interstate access in the Shenandoah Valley.
Where is this commercial land located?
The property is located at 1300 RICHMOND AVENUE LOT 5 Staunton, VA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 5 acres of divisible B‑2 commercial land; Almost 1‑mile frontage on Interstate 81; Located at Interstate 81 Exit 222
More about this property
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