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    262 & Parkersburg Pike Staunton, VA 24401

    Sponsored
    For Sale
    $1,500,000

    Vast acreage, ideal for diverse development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 55-acre parcel of land presents a unique investment opportunity in Staunton, Virginia. Strategically located at the intersection of Route 262 and Parkersburg Pike, this property boasts high visibility and convenient access to major transportation routes. The seller is willing to subdivide the land, offering flexibility for various development projects. The expansive acreage is suitable for a wide range of uses, including retail establishments, distribution centers, self-storage facilities, and residential subdivisions. The property's prime location in Augusta County, with a zip code of 24401, ensures strong potential for growth and return on investment. Its versatility makes it an attractive option for developers seeking to capitalize on the thriving Staunton market. The property is zoned for both residential and commercial uses, providing significant development options. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial land holding in a desirable location with significant potential for future development. The asking price for this exceptional property is $1,500,000. Don't miss this chance to secure a prime piece of real estate in the heart of Staunton.

    Property Features for 262 & Parkersburg Pike

    General Information

    Property type
    Land
    Lot Size
    2,395,800 SF

    HighLights

    • 55± acres available on Rt. 262 Bypass, Staunton.
    • Seller will consider subdividing the parcel.
    • Suitable for retail, distribution, self‑storage, or residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Staunton
    County
    Augusta
    State
    Virginia
    Longitude
    -79.072354
    Latitude
    38.1251817

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    FAQs

    What type of property is this?
    Land - Vast acreage, ideal for diverse development.
    Where is this land located?
    The property is located at 262 & Parkersburg Pike Staunton, VA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 55± acres available on Rt. 262 Bypass, Staunton.; Seller will consider subdividing the parcel.; Suitable for retail, distribution, self-storage, or residential development.
    Request Owner's contact information
    262 & Parkersburg Pike 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
    262 & Parkersburg Pike Staunton, VA 24401
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