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999 Seth Dr Staunton, VA 24401

OFF-MARKET Specialty properties Google Maps
1.81 ac lot
Entity Owned 18-yr Hold Free & Clear
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US87-2454375

Property summary

AI-generated overview

This exceptional 1.81-acre commercial land parcel presents a unique investment opportunity in Staunton, Virginia. Conveniently located just off the Route 262 bypass, this property enjoys high visibility and easy access. Its strategic placement within the thriving Middlebrook Park Subdivision, adjacent to the Veteran's Administration Clinic, ensures significant foot traffic and potential clientele. The B-1 zoning allows for a variety of commercial uses, making it ideal for a range of businesses. Envision a medical office, professional services firm, or contractor's yard thriving in this prime location. Minutes from downtown Staunton, this property offers the best of both worlds: convenient access to the city's amenities and the visibility of a high-traffic area. The expansive lot size provides ample space for development and future expansion. This is a rare opportunity to acquire a well-situated commercial property in a rapidly growing area of Staunton. The asking price is $237,500. Detailed zoning information and development possibilities are available upon request. Don't miss this chance to secure your stake in Staunton's vibrant commercial landscape. The address is 999 Seth Dr, Staunton, VA 24401.

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Lot 1.81 ac (78,844 SF)
Zoning code B1
APN 10979
UPID US87-2454375

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
2006
Price N/A

Zoning & alternative use

B1 · Staunton, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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