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    0-lot 25 Old Oaks Dr Staunton, VA 24401

    Sponsored
    For Sale
    $339,500

    0.97-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.97-acre commercial land parcel, located at 0-lot 25 Old Oaks Drive in Staunton, Virginia (zip code 24401), presents a unique investment opportunity. Situated in Augusta County, this property is strategically positioned at the intersection of Jefferson Highway (Route 250) and Lifecore Drive, offering excellent visibility and accessibility. Currently listed at $339,500, the lot is not yet officially recorded, but holds significant potential for subdivision and commercial development within the Myers Corner area. The property's prime location ensures high traffic volume and exposure, making it an attractive prospect for various commercial ventures. Interested parties should inquire about the covenants and restrictions governing the property. This is a rare opportunity to acquire a sizable commercial lot in a thriving area of Staunton, Virginia. The coordinates are 38.1231161 latitude and -79.0871005 longitude. This land offers a blank canvas for a discerning investor or developer seeking to capitalize on the growth and potential of this desirable location.

    Property Features for 0-lot 25 Old Oaks Dr

    General Information

    Property type
    Land
    Lot Size
    42,253 SF

    HighLights

    • 0.97‑acre commercial lot in Staunton, VA (24401) listed at $339,500.
    • Located at 0‑Lot 25 Old Oaks Drive, at the intersection of Route 250 and Lifecore Drive.
    • High visibility and accessibility due to prime location in the Myers Corner area.
    • Significant potential for subdivision and commercial development.
    • Offered by Old Dominion Realty Inc - Augusta.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Staunton
    County
    Augusta
    State
    Virginia
    Longitude
    -79.0871005
    Latitude
    38.1231161

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    FAQs

    What type of property is this?
    Land - 0.97-acre lot, ideal for development.
    Where is this land located?
    The property is located at 0-lot 25 Old Oaks Dr Staunton, VA.
    What is the asking price?
    The asking price for this property is $339,500.
    What are key features of this property?
    This property features: 0.97-acre commercial lot in Staunton, VA (24401) listed at $339,500.; Located at 0-Lot 25 Old Oaks Drive, at the intersection of Route 250 and Lifecore Drive.; High visibility and accessibility due to prime location in the Myers Corner area.
    (540) 433-2106
    Request Owner's contact information
    0-lot 25 Old Oaks Dr Staunton, VA 24401
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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
    0-lot 25 Old Oaks Dr Staunton, VA 24401
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