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    6920 George Washington Memorial Hwy Yorktown, VA 23692

    Sponsored
    For Sale
    $325,000

    High-visibility corner lot, 0.87 acres, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 0.87-acre commercial lot, located at 6920 George Washington Memorial Hwy in Yorktown, Virginia (zip code 23692), presents a unique development opportunity. Situated on a highly visible corner at the intersection of George Washington Memorial Highway and Freedom Road, this property boasts approximately 177 linear feet of frontage along George Washington Highway. The General Business (GB) zoning allows for a wide range of uses, including professional offices, general offices, and retail establishments. The lot offers ample space for a building up to 7,500 square feet, along with sufficient room for parking. An on-site Best Management Practice (BMP) system is already in place. This fee-simple property (APN: R07a-1915-4501) represents one of the last remaining commercial lots in this thriving commercial corridor of York County, a prime location experiencing significant growth and activity. Its exceptional visibility and versatile zoning make it an attractive investment for developers seeking a high-impact location.

    Property Features for 6920 George Washington Memorial Hwy

    General Information

    Property type
    Land
    Lot Size
    37,897 SF

    HighLights

    • $325,000 asking price.
    • 0.87‑acre commercial land parcel.
    • Located at 6920 George Washington Memorial Hwy, Yorktown, VA 23692.
    • GB zoning allows for various commercial uses (professional, general office, retail).
    • Fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yorktown
    County
    York
    State
    Virginia
    Longitude
    -76.478666790332
    Latitude
    37.177641908478

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    FAQs

    What type of property is this?
    Land - High-visibility corner lot, 0.87 acres, ideal for development.
    Where is this land located?
    The property is located at 6920 George Washington Memorial Hwy Yorktown, VA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 0.87-acre commercial land parcel.; Located at 6920 George Washington Memorial Hwy, Yorktown, VA 23692.
    (708) 476-1995
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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
    6920 George Washington Memorial Hwy Yorktown, VA 23692
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