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    Lew Dewitt Blvd Waynesboro, VA 22980

    For Sale
    $795,000

    2.4-Acre Development Ready Pad

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.404-acre retail pad site, located on Lew Dewitt Blvd in Waynesboro, Virginia (zip code 22980), presents a prime opportunity for commercial development. The property is development-ready, boasting readily available infrastructure and utilities. Its high-visibility location along a busy thoroughfare ensures excellent accessibility and ample space for building and parking. The site benefits from its proximity to major highways and thoroughfares, maximizing exposure and attracting a large customer base. Adjacent to a newly constructed, large climate-controlled storage facility (over 100,000 square feet) and a burgeoning residential development, this location offers a unique blend of established and growing commercial activity. The existing storm water management system (SWM) further streamlines the development process, minimizing upfront costs and accelerating project timelines. This property is ideal for a variety of commercial uses, capitalizing on the area's strong growth and high traffic volume. The asking price for this exceptional opportunity is $795,000.

    Property Features for 0 Lew Dewitt Blvd

    General Information

    Property type
    Individual retail properties
    Lot Size
    104,718 SF

    HighLights

    • $795,000 asking price for 2.404 acres of retail pad site land.
    • Development‑ready pad site with available utilities and infrastructure.
    • Prime retail location offering high visibility and accessibility.
    • Ample space for building and parking; near major roadways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Waynesboro
    County
    Augusta
    State
    Virginia
    Longitude
    -78.936610406835
    Latitude
    38.070554827494

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    FAQs

    What type of property is this?
    Individual retail property - 2.4-Acre Development Ready Pad
    Where is this individual retail property located?
    The property is located at Lew Dewitt Blvd Waynesboro, VA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price for 2.404 acres of retail pad site land.; Development-ready pad site with available utilities and infrastructure.; Prime retail location offering high visibility and accessibility.
    (540) 855-3655
    Request Owner's contact information
    Lew Dewitt Blvd Waynesboro, VA 22980
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    Waynesboro, VA 22980
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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
    Lew Dewitt Blvd Waynesboro, VA 22980
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