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    Tbd Lew Dewitt Blvd Waynesboro, VA 22980

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    8 Acres, High-Traffic Location, VA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 8-acre commercial land parcel presents a unique investment opportunity in Waynesboro, Virginia. Located on TBD Lew Dewitt Boulevard, this property boasts a highly desirable H-B (Highway Business) zoning designation, opening doors to a wide range of commercial development possibilities. The site benefits from its strategic position near a traffic light adjacent to Lowe's, ensuring high visibility and accessibility. Furthermore, its proximity to Exit 94 of a major highway, identified as one of the fastest-growing exits in the state, guarantees substantial traffic flow and potential customer base. The surrounding area is anchored by a robust mix of established national retailers and restaurants, including Walmart, Martin's, Starbucks, Panera Bread, Lowe's, Home Depot, Target, Kohl's, Chick-fil-A, and McDonald's. This prime location offers unparalleled convenience and exposure, making it an ideal site for a variety of commercial ventures. The 8-acre lot provides ample space for large-scale development, catering to diverse business needs. This property represents a rare chance to acquire a highly visible and strategically located commercial land parcel in a thriving market. The combination of high traffic counts, excellent visibility, and proximity to major retailers makes this an exceptional opportunity for investors and developers alike.

    Property Features for 0 Tbd Lew Dewitt Blvd

    General Information

    Property type
    Land
    Lot Size
    348,480 SF

    HighLights

    • 8‑acre commercial land parcel in Waynesboro, VA.
    • High‑visibility location at a traffic signal adjacent to Lowe's.
    • Exceptional access via Exit 94, a high‑growth state highway exit.
    • Strong tenant mix nearby, including Walmart, Target, and numerous national restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waynesboro
    County
    Waynesboro
    State
    Virginia
    Longitude
    -78.9372657
    Latitude
    38.0647074

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    FAQs

    What type of property is this?
    Land - 8 Acres, High-Traffic Location, VA
    Where is this land located?
    The property is located at Tbd Lew Dewitt Blvd Waynesboro, VA.
    What are key features of this property?
    This property features: 8-acre commercial land parcel in Waynesboro, VA.; High-visibility location at a traffic signal adjacent to Lowe's.; Exceptional access via Exit 94, a high-growth state highway exit.
    Request Owner's contact information
    Tbd Lew Dewitt Blvd Waynesboro, VA 22980
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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
    Tbd Lew Dewitt Blvd Waynesboro, VA 22980
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