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    300 National Ave Staunton, VA 24401

    For Sale
    $965,000

    7-Acre Commercial Property, High Traffic Area

    Property size:
    5,197 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7.02-acre mixed-use property in Staunton, Virginia, presents a unique investment opportunity. Located at 300 National Ave, this strategically positioned site boasts 5,197 square feet of existing building space currently configured for convenience store, grocery store, and manufacturing uses. The property is zoned GB (General Business), offering considerable flexibility for a variety of commercial ventures. Its prime location, a stone's throw from Routes 250, 64, and 81, ensures high visibility and accessibility, maximizing potential for retail success. The land is divided into nine parcels, all included in the sale, providing ample space for expansion or redevelopment. Currently, a house and outbuilding are situated at the front of the property, offering additional possibilities. The asking price is $965,000. This property is ideal for an investor seeking a multi-faceted commercial venture in a high-traffic area with significant growth potential. The existing building provides immediate income potential while the expansive lot allows for future development and expansion. This is a rare opportunity to acquire a substantial commercial property in a thriving Virginia location. The property's versatility and prime location make it an attractive investment for both established businesses and new ventures. Don't miss this chance to capitalize on the potential of this exceptional commercial property.

    Property Features for 300 National Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,197 SF
    Lot Size
    305,791 SF

    HighLights

    • $965,000 asking price.
    • 5,197 square foot building on a 7.02‑acre lot.
    • Mixed‑use property (Industrial, Retail) with convenience store, grocery store, and manufacturing subtypes.
    • Single‑tenant occupancy.
    • Located at 300 National Ave, Staunton, VA 24401, near major roadways (Rt 250, 64 & 81).
    • GB zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Staunton
    County
    Staunton City
    State
    Virginia
    Longitude
    -79.0368825
    Latitude
    38.1422958

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    FAQs

    What type of property is this?
    Individual retail property - 7-Acre Commercial Property, High Traffic Area
    Where is this individual retail property located?
    The property is located at 300 National Ave Staunton, VA.
    What is the asking price?
    The asking price for this property is $965,000.
    What are key features of this property?
    This property features: $965,000 asking price.; 5,197 square foot building on a 7.02-acre lot.; Mixed-use property (Industrial, Retail) with convenience store, grocery store, and manufacturing subtypes.
    Request Owner's contact information
    300 National Ave Staunton, VA 24401
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    Staunton, VA 24401
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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
    300 National Ave Staunton, VA 24401
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