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    2701 Stuarts Draft Hwy Stuarts Draft, VA 24477

    Sponsored
    For Sale
    $835,000

    17,000 SF Flex/Warehouse, Prime Location

    Property size:
    17,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 17,000-square-foot flex/warehouse property in Stuarts Draft, Virginia, presents a compelling investment opportunity. Located at 2701 Stuarts Draft Highway, this strategically positioned industrial space sits on a 1.18-acre lot, boasting excellent visibility and frontage on Route 340. The building, constructed in 1959, features a durable metal roof and is zoned for General Business use, offering versatility for a range of commercial applications. Its convenient location offers high visibility, situated directly across from a Walgreens and near a newly constructed Starbucks, ensuring significant foot traffic and brand recognition. The property's substantial size provides ample space for warehousing, manufacturing, or flex-use operations. Currently occupied by a short-term tenant, this presents an ideal chance for immediate income generation or future redevelopment. The property's solid construction and prime location make it an attractive prospect for both investors and businesses seeking a well-established presence in a thriving area. The Augusta County address, with a 24477 zip code, provides easy access to major transportation routes, further enhancing its appeal. Detailed information is available upon request.

    Property Features for 2701 Stuarts Draft Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    17,000 SF
    Lot Size
    51,401 SF

    Building Details

    Year Built
    1959

    HighLights

    • 17,000 SF flex/warehouse on 1.18‑acre lot in Stuarts Draft, VA.
    • Located at 2701 Stuarts Draft Highway (Route 340) with high visibility.
    • 1959 construction with metal roof; General Business zoning.
    • High traffic location across from Walgreens, near new Starbucks.
    • Currently occupied, offering immediate income potential.
    • Excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    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
    Stuarts Draft
    County
    Augusta
    State
    Virginia
    Longitude
    -79.0333406
    Latitude
    38.0346561

    Nearby Comparable

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      Stuarts Draft Specialty Property

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    Nearby Similar for Sale

    • $795,000
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      Flex/Warehouse Property on 1.2 Acres

      17,000 sq ft flex/warehouse property with frontage on Rt. 340.
      2701 Stuarts Draft Hwy, Stuarts Draft, VA 24477
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      Stuarts Draft Highway Property

      Property located on Stuarts Draft Highway, Stuarts Draft, Virginia.
      2735 Stuarts Draft Hwy, Stuarts Draft, VA 24477
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    • $419,000

      Stuarts Draft Specialty Property

      Specialty property for sale in Stuarts Draft, Virginia.
      1196 Howardsville Tpke, Stuarts Draft, VA 24477
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    • $374,000

      Stuarts Draft Specialty Property

      Specialty property for sale in Stuarts Draft, Virginia.
      87 Falling Rock Dr, Stuarts Draft, VA 24477
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    FAQs

    What type of property is this?
    Distribution property - 17,000 SF Flex/Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 2701 Stuarts Draft Hwy Stuarts Draft, VA.
    What is the asking price?
    The asking price for this property is $835,000.
    What are key features of this property?
    This property features: 17,000 SF flex/warehouse on 1.18-acre lot in Stuarts Draft, VA.; Located at 2701 Stuarts Draft Highway (Route 340) with high visibility.; 1959 construction with metal roof; General Business zoning.
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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
    2701 Stuarts Draft Hwy Stuarts Draft, VA 24477
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