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    200 Shenandoah Village Dr Waynesboro, VA 22980

    Sponsored
    For Sale
    $4,500,000

    11-acre commercial lot, I-64 visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11-acre commercial land parcel in Waynesboro, Virginia, presents a prime opportunity for development. Located at 200 Shenandoah Village Drive, zip code 22980, this property boasts unparalleled visibility from Interstate 64 and the adjacent Waynesboro Town Center. The site benefits from easy access via Exit 94, placing it in the heart of a thriving commercial area. Anchored by Target and Kohl's, the surrounding neighborhood includes a diverse mix of established businesses such as PetSmart, Michael's, McDonald's, Chick-fil-A, and Aldi's, ensuring high traffic and strong consumer presence. The property's strategic location offers significant advantages for businesses seeking high visibility and convenient access. The 11-acre site is flexible, allowing for potential adjustments in acreage or combination with contiguous parcels. Furthermore, a land lease option is available, providing alternative development pathways. The asking price for the entire 11-acre parcel is $4,500,000. Pricing for smaller parcels is available upon request. This is an exceptional opportunity to establish a presence in a high-traffic, well-established commercial area of Waynesboro, Virginia. Contact us to explore the possibilities.

    Property Features for 200 Shenandoah Village Dr

    General Information

    Property type
    Land
    Lot Size
    479,160 SF

    HighLights

    • 11‑acre commercial land parcel in Waynesboro, VA, at 200 Shenandoah Village Drive (zip code 22980).
    • High visibility from I‑64 and Waynesboro Town Center, with easy access via Exit 94.
    • Located in a thriving commercial area anchored by Target and Kohl's, surrounded by other national retailers.
    • Flexible acreage options and land lease available.
    • Asking price: $4,500,000 for the entire parcel; pricing for smaller parcels available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waynesboro
    County
    Waynesboro
    State
    Virginia
    Longitude
    -78.939137
    Latitude
    38.05715

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    FAQs

    What type of property is this?
    Land - 11-acre commercial lot, I-64 visibility.
    Where is this land located?
    The property is located at 200 Shenandoah Village Dr Waynesboro, VA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: 11-acre commercial land parcel in Waynesboro, VA, at 200 Shenandoah Village Drive (zip code 22980).; High visibility from I-64 and Waynesboro Town Center, with easy access via Exit 94.; Located in a thriving commercial area anchored by Target and Kohl's, surrounded by other national retailers.
    (540) 476-2644
    Request Owner's contact information
    200 Shenandoah Village Dr 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
    200 Shenandoah Village Dr Waynesboro, VA 22980
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