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Prime Development Opportunity in Winchester
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740 Front Royal Pike - Lot 2C, Winchester, VA 22602

8.3-acre lot suitable for retail or office development.

Property SizeContact for details
Lot Size8.30 Acres
Days on Market737

Property Features for 740 Front Royal Pike - Lot 2C

General Information

Standard status Active
Lot size 8.30 Acres
Property subtype Land
Listing Agency: Cushman & Wakefield - San Diego, California
Listed By: Brandon Price · License #CA 01822998
Source: Crexi
Added: Jul 29, 2024 Changed: Jul 6 Last Checked: Aug 4 at 2:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Diego, California

Investment Insights

Based on property information with market context.

This 8.3-acre lot presents a development opportunity for a retail or office component within Crossover, a mixed-use project designed to accommodate office, multi-family, and retail uses with flexible site options. The location is positioned between I-81 and US 522 and is accessible via the newly constructed Crossover Boulevard road and bridge project, which connects Airport Road with the Winchester market and business district. Crossover Boulevard redirects westbound traffic to enter the City of Winchester along Tevis Street, alleviating congestion at the US 17-50-522 intersection. This rerouting of traffic patterns adds value to potential end users at Crossover, as Crossover Boulevard serves as a major thoroughfare leading into the commercial district of Winchester. The immediate vicinity is experiencing rapid development and expansion. The Shoppes at Crossover Boulevard, located across I-81 from the subject property, has seen developments including the headquarters for Trex, Carmax, Home 2 Suites by Hilton, and other projects in process. Immediately south of the property is the newly developed Madison Village, a multi-family complex and townhouse community. Several established residential developments (Red Fox Run, Chapel Hill, and Canter Estates) and the under-development Freedom Manor are nearby. There are also three new public schools in the immediate vicinity: Evendale Elementary, Admiral Richard E. Byrd Middle, and Armel Elementary. A site owned by the Frederick County School Board adjacent to Evendale and Admiral Byrd is slated for the construction of Frederick County’s fourth high school. This development is in response to the County’s continued growth on the east side, and Crossover Boulevard is strategically located to accommodate the increase in traffic through the City of Winchester and Frederick County.

Key Highlights

  • 8.3 acre lot perfect for retail or office development in the Crossover mixed‑use project.
  • Ideally located between I‑81 and US 522, offering excellent accessibility.
  • Serviced by the newly constructed Crossover Boulevard, improving traffic flow and access to Winchester.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 22602, VA

30,865
Population
11,716
Households
2.6
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
113.5 sq mi
ZIP Area
272
Density / Sq Mi
$99,534
Median Household Income
$49,199
Median Earnings
$1,367
Median Rent
$351,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 8.3-acre lot suitable for retail or office development.
Where is this commercial land located?
The property is located at 740 Front Royal Pike - Lot 2C Winchester, VA.
What are key features of this property?
This property features: 8.3 acre lot perfect for retail or office development in the Crossover mixed‑use project.; Ideally located between I‑81 and US 522, offering excellent accessibility.; Serviced by the newly constructed Crossover Boulevard, improving traffic flow and access to Winchester.
(858) 558-5670 Call to check price and availability
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