Listing Agency: PREMIER PROPERTIES Show Phone

Listed By: CHARLIE BISHOP JR Show Phone

Source: Corcoran

Added: Jan 8 Changed: Oct 11 Last Checked: Oct 24 at 5:47PM

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Investment Insights

Based on property information with market context.

This 4.176-acre property is located at Calvert St and E. Gay St, just off Greenville Avenue. It is zoned B2, which allows for multi-family use upon review. The City of Staunton has indicated that this use would be considered favorably. Greenville Avenue is undergoing a renewal, marked by the purchase and proposed development of the Staunton Mall site, along with other recent property sales and renovations. The City has expressed a desire and need for additional workforce housing.

Key Highlights

• Priced Under Assessment: Great acquisition opportunity.
• Multi‑Family Use Potential: Zoned B2 with favorable city indication.
• Strategic Location in the Greenville Avenue corridor, experiencing renewal.

Property Analytics

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Suggested Use

Top Pick Dental Office Storage Facility Big Box & Wholesale Store Building Supply HVAC Service Skin Care Clinic

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

651

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - 4.176 acres of land near Greenville Avenue.

Where is this commercial land located?

The property is located at 603 CALVERT ST Staunton, VA.

What is the asking price?

The asking price for this property is $145,000.

What are key features of this property?

This property features: Priced Under Assessment: Great acquisition opportunity.; Multi‑Family Use Potential: Zoned B2 with favorable city indication.; Strategic Location in the Greenville Avenue corridor, experiencing renewal.