740 Front Royal Pike -, Unit 3C Winchester, VA 22602

This 15.13-acre lot presents a development opportunity for a Continuing Care Retirement Community (CCRC) or assisted living facility within Crossover, a mixed-use project that also accommodates office, multi-family, and retail uses. The location offers flexible site options and segmentation. Crossover is strategically located between I-81 and US 522, benefiting from the newly constructed $23 million Crossover Boulevard road and bridge project. This infrastructure connects Airport Road with the Winchester market and business district, allowing westbound traffic to enter the City of Winchester along Tevis Street and alleviate congestion at the US 17-50-522 intersection. The rerouting of traffic patterns adds value to potential end users at Crossover, as Crossover Boulevard serves as a major thoroughfare leading into the commercial district of Winchester. The immediate vicinity is experiencing rapid development and expansion. The Shoppes at Crossover Boulevard, directly across I-81 from the subject property, has seen developments including the headquarters for Trex, Carmax, Home 2 Suites by Hilton, and numerous projects currently in process. Immediately south of the property is the newly developed Madison Village, a multi-family complex and townhouse community. Several established residential developments (Red Fox Run, Chapel Hill, and Canter Estates) and the under-development Freedom Manor are also nearby. Three new public schools are in the immediate vicinity: Evendale Elementary, Admiral Richard E. Byrd Middle, and Armel Elementary. A site owned by the Frederick County School Board adjacent to Evendale and Admiral Byrd is slated for the construction of Frederick County’s fourth high school. This is in response to the County’s continued growth on the east side, and Crossover Boulevard is strategically located to accommodate the increase in traffic.