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    740 Front Royal Pike Winchester, VA 22602

    Sponsored
    For Sale
    Contact for pricing

    115 acres, mixed-use development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 115-acre development opportunity in Winchester, Virginia, presents a unique investment prospect. Located at 740 Front Royal Pike, 22602, this fee-simple property boasts flexible zoning allowing for diverse development options including office, multi-family, and retail uses. Its strategic location between I-81 and US 522 is further enhanced by the recently completed $23 million Crossover Boulevard road and bridge project. This four-lane thoroughfare directly accesses the property and connects Airport Road to Winchester's commercial district, significantly improving traffic flow and accessibility. The area is experiencing rapid growth, with nearby developments including the Shoppes at Crossover Boulevard (home to Trex and Carmax headquarters), the Madison Village multi-family complex, and several established residential communities. The presence of three new public schools and a planned fourth high school underscores the area's expanding population and family-friendly environment. This prime location offers unparalleled access to major transportation arteries and a thriving community, making it an ideal site for a mixed-use development catering to a variety of needs. The property is available in individual segments, providing flexibility for various development scales and investor preferences. This is a rare opportunity to capitalize on the significant growth and development occurring in this dynamic area of Winchester, Virginia.

    Property Features for 740 Front Royal Pike

    General Information

    Property type
    Land
    Lot Size
    5,009,400 SF

    HighLights

    • 115‑acre development site in Winchester, VA, with flexible zoning allowing for office, multi‑family, and retail uses.
    • Prime location between I‑81 and US 522, directly accessed by the new $23 million Crossover Boulevard.
    • Rapidly developing area with nearby Trex and Carmax headquarters and significant residential growth.
    • High growth area in the Washington, DC Metro Area.
    • Zoning allows for diverse uses including office, multi‑family, retail, and more.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Frederick
    State
    Virginia
    Longitude
    -78.16087893998
    Latitude
    39.144500332313

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    FAQs

    What type of property is this?
    Land - 115 acres, mixed-use development potential.
    Where is this land located?
    The property is located at 740 Front Royal Pike Winchester, VA.
    What are key features of this property?
    This property features: 115-acre development site in Winchester, VA, with flexible zoning allowing for office, multi-family, and retail uses.; Prime location between I-81 and US 522, directly accessed by the new $23 million Crossover Boulevard.; Rapidly developing area with nearby Trex and Carmax headquarters and significant residential growth.
    Request Owner's contact information
    740 Front Royal Pike Winchester, VA 22602
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    Winchester, VA 22602
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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
    740 Front Royal Pike Winchester, VA 22602
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