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    33407 Old Valley Pike Strasburg, VA 22657

    Sponsored
    For Sale
    $1,200,000

    Prime 2.96-acre commercial site in VA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2.96-acre commercial land parcel, located at 33407-33431 Old Valley Pike in Strasburg, Virginia (zip code 22657), presents a unique investment opportunity. Zoned Highway Commercial, this property enjoys unparalleled visibility and accessibility, situated just off Interstate 81 and a short drive from Interstate 66. The strategic location benefits from high traffic counts due to its proximity to established businesses, including fast-food restaurants, hotels, retail outlets, and medical facilities. The site's existing infrastructure includes readily available public utilities, supporting a wide array of commercial ventures. Further enhancing its appeal, the property includes three existing rental homes, generating immediate cash flow until a commercial development plan is implemented. The Shenandoah County location boasts a rapidly growing residential population, ensuring a robust potential customer base for any commercial enterprise. The asking price is $1,200,000, translating to approximately $405,405.41 per acre. The property's APN is 016 A 150, and ownership is fee simple. Seller financing and leasing options may be available. This is a truly exceptional opportunity for businesses seeking a high-visibility location in a thriving market. The listing term begins July 1, 2024.

    Property Features for 33407 Old Valley Pike

    General Information

    Property type
    Land
    Lot Size
    128,938 SF

    HighLights

    • 2.96‑acre commercial land parcel in Strasburg, VA (22657) at 33407‑33431 Old Valley Pike.
    • Highway Commercial zoning with high visibility and accessibility near I‑81 and I‑66.
    • High traffic counts due to proximity to established businesses.
    • Public utilities available; three existing rental homes provide immediate cash flow.
    • $1,200,000 asking price ($405,405.41/acre); APN 016 A 150; fee simple ownership; seller financing and leasing options may be available.
    • Listing term begins July 1, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Strasburg
    County
    Shenandoah
    State
    Virginia
    Longitude
    -78.3452673
    Latitude
    39.0012989

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    FAQs

    What type of property is this?
    Land - Prime 2.96-acre commercial site in VA
    Where is this land located?
    The property is located at 33407 Old Valley Pike Strasburg, VA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 2.96-acre commercial land parcel in Strasburg, VA (22657) at 33407-33431 Old Valley Pike.; Highway Commercial zoning with high visibility and accessibility near I-81 and I-66.; High traffic counts due to proximity to established businesses.
    Request Owner's contact information
    33407 Old Valley Pike Strasburg, VA 22657
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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
    33407 Old Valley Pike Strasburg, VA 22657
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