157 Lucy Ln Waynesboro, VA 22980-3276
Property summary
This exceptional 1.54-acre commercial land parcel presents a prime opportunity for retail development in Waynesboro, Virginia. Located at 157 Lucy Lane, this property boasts a highly desirable location within a thriving retail hub, offering excellent visibility and accessibility. The parcel is zoned H-B, allowing for a variety of commercial uses. A proposed building footprint of 10,000 square feet suggests significant development potential. The property's strategic placement near a loop road leading to Walmart and its proximity to a signalized intersection ensures high traffic volume and strong consumer exposure. The asking price is $750,000, translating to approximately $485,751.30 per acre, reflecting the land's significant value in this prime retail area. The property's APN is 626007. This is an exceptional opportunity for investors seeking to capitalize on the robust retail market in Waynesboro. The site's convenient access and high visibility make it an ideal location for a variety of retail businesses. Don't miss this chance to acquire a valuable piece of commercial real estate in a rapidly growing area. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
This district is established for the development of offices, hotels, service uses and similar businesses relying on close proximity to major transportation routes. These districts shall be restricted to areas located on…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
H-B · Waynesboro, VAThis district is established for the development of offices, hotels, service uses and similar businesses relying on close proximity to major transportation routes. These districts shall be restricted to areas located on…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for H-B in Waynesboro, VA.
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