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    220 Stuarts Draft Hwy Staunton, VA 24401

    Sponsored
    For Sale
    $1,980,000

    36.59 Acres, High Visibility, I-81/I-64

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional 36.59-acre commercial land parcel strategically located at Exit 213 of I-81 and I-64 in Staunton, Virginia (Augusta County, zip code 24401). This high-visibility site boasts a prime location nestled between Route 11 and Route 340, ensuring maximum exposure for any commercial venture. The property benefits from its proximity to major transportation arteries, including the interstate interchange, with convenient access via a signalized light at the Route 11 & 340 intersection. The location is further enhanced by the presence of established businesses nearby, including a Loves Travel Stop, Pilot Station, BP Station, fast-food restaurants, a hotel, and a restaurant. Public water and sewer are readily accessible. The property is zoned GB in Augusta County. The conceptual drawing (available upon request) provides a vision for development possibilities. The listed address is for mapping purposes only; the property is not yet addressed. Asking price: $1,980,000.

    Property Features for 220 Stuarts Draft Hwy

    General Information

    Property type
    Land
    Lot Size
    1,593,860 SF

    HighLights

    • $1,980,000 asking price.
    • 36.59 acres of commercially zoned land.
    • GB zoning in Augusta County, Virginia.
    • Located at I‑81 Exit 213, near the intersection of Routes 11 and 340, offering high visibility.
    • Convenient access to I‑81 and I‑64, with nearby amenities including gas stations, fast food, hotels, and restaurants.
    • Public water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Food Market Storage Facility Grocery Store Electrical Service Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Staunton
    County
    Augusta
    State
    Virginia
    Longitude
    -79.13997933032
    Latitude
    38.021192562176

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    FAQs

    What type of property is this?
    Land - 36.59 Acres, High Visibility, I-81/I-64
    Where is this land located?
    The property is located at 220 Stuarts Draft Hwy Staunton, VA.
    What is the asking price?
    The asking price for this property is $1,980,000.
    What are key features of this property?
    This property features: $1,980,000 asking price.; 36.59 acres of commercially zoned land.; GB zoning in Augusta County, Virginia.
    Request Owner's contact information
    220 Stuarts Draft Hwy Staunton, VA 24401
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    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
    220 Stuarts Draft Hwy Staunton, VA 24401
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