Multi-Family Development
For Sale
$3,000,000
STUARTS DRAFT HWY, Stuarts Draft, VA 24477
LAND, STUARTS DRAFT, VA
Property SizeContact for details
Lot Size19.04 Acres
Days on Market719
Property Features for STUARTS DRAFT HWY
General Information
Property type
Land
Property subtype
Other
Zoning description
MF Multi-Family Residential
Elementary school
Stuarts Draft
Middle school
Stuarts Draft
High school
Stuarts Draft
Directions
Stuarts Draft-Route 608/Tinkling Springs Road. Turn onto Highland Drive. Property is across the road from Steep Hill Ln.
Subdivision
Augusta
Standard status
Active
Lot size
19.04 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
75G-(2)-19 N STUARTS DRAFT PAR B & C 10037 ACRES & 75G-(2)-20 N STUARTS DRAFT W OF RT 608 PARCEL A 9 AC
Tax Annual Amount
2709
Legal Description
75G-(2)-19 N STUARTS DRAFT PAR B & C 10037 ACRES & 75G-(2)-20 N STUARTS DRAFT W OF RT 608 PARCEL A 9 AC
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
OLD DOMINION REALTY INC - AUGUSTA
(540) 943-0085
Listed By:
CHARLIE WARD · License #225178551
(540) 292-5015
Added: Sep 24, 2024
Changed: Sep 2
Last Checked: Sep 12 at 2:06AM
MLS# 657144
Copyright © 2026 Greater Augusta Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 19.04-acre property in Stuarts Draft, VA, presents a multi-family development opportunity. A proposed, but not yet approved, plan allows for maximum density, potentially including 4-story buildings. Alternative development options include townhouses or condos. The location benefits from high traffic, with over 13,000 cars passing daily, and a possible entrance off Route 340. The property is conveniently located within walking distance of urgent care facilities, a Food Lion grocery store, several restaurants, and a new Starbucks.
Key Highlights
- High‑density multi‑family development potential with proposed 4‑story buildings.
- Versatile development options: townhouses or condos are also possible.
- High‑traffic location (over 13,000 cars daily) with potential entrance off Route 340.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 24477, VA
11,269
Population
5,037
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
48.9 sq mi
ZIP Area
230
Density / Sq Mi
$81,188
Median Household Income
$47,394
Median Earnings
$1,107
Median Rent
$260,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - 19.04 acre multi-family development opportunity in Stuarts Draft, VA.
Where is this land located?
The property is located at STUARTS DRAFT HWY Stuarts Draft, VA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: High‑density multi‑family development potential with proposed 4‑story buildings.; Versatile development options: townhouses or condos are also possible.; High‑traffic location (over 13,000 cars daily) with potential entrance off Route 340.
