Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Winchester Rd Front Royal, VA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    0.6854 acre lot near shopping and high-traffic roads.

    Type:LAND
    Lot size:
    0.68 Acres
    Added:
    Oct 25, 2023
    Days on Market:
    923
    Last Refresh:
    Apr 5 at 10:32 pm

    Property Features for Winchester Rd

    General Information

    Standard status
    Active
    Lot size
    0.68 Acres
    Property subtype
    LAND

    Spaces For Lease

    at Winchester Rd Contact us

    We can help!

    Listing Contact
    Brett Haynes
    Brett Haynes

    Listing agent Brett Haynes License #0225025964

    Listing office OakCrest Commercial Real Estate

    Listing date Oct 25, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of OakCrest Commercial Real Estate

    Overview

    Corner Lot Near Shopping Center

    This 0.6854-acre lot/pad site is located adjacent to the Cedarville Corners strip center. The corner location offers road frontage on Winchester Road/US Route 522/340. The property benefits from high traffic and is located minutes from I-66, and is situated down the road from Riverton Commons and Crooked Run Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Front Royal
    County
    Warren
    State
    Virginia
    Longitude
    -78.1651
    Latitude
    39.0151

    Nearby Similar for Lease

    • $725/Mo

      Recently Remodeled Executive Suites Available

      Furnished executive suites available for lease in Front Royal, VA.
      235 SOUTH Street, FRONT ROYAL, VA 22630
      View Details
    • $550/Mo

      Recently Remodeled Executive Suites Available

      Executive suites available for lease in Front Royal, Virginia.
      235 SOUTH Street, FRONT ROYAL, VA 22630
      View Details
    • $475/Mo

      Remodeled Executive Suites in Front Royal

      Recently remodeled executive suites available for lease in Front Royal.
      235 SOUTH Street, FRONT ROYAL, VA 22630
      View Details
    • $5,561/Mo

      Retail Space in Riverton Commons

      Retail space in a high-traffic shopping center near major anchors.
      145 RIVERTON COMMONS Drive, FRONT ROYAL, VA 22630
      View Details
    • Contact for pricing

      Retail Space in Riverton Commons

      High-traffic retail space in Front Royal's Riverton Commons Shopping Center.
      145 Riverton Commons Dr #2, FRONT ROYAL, VA 22630
      View Details
    • $7,000/Mo

      Prime Commercial Location, Front Royal

      High-visibility commercial property suitable for various business ventures.
      865 JOHN MARSHALL Highway, FRONT ROYAL, VA 22630
      View Details
    • Contact for pricing

      Prime Retail Space Available

      Retail space available for lease in Front Royal, VA.
      213 E Main St, FRONT ROYAL, VA 22630
      View Details
    • Contact for pricing

      Front Royal Office Space Available

      Office space for lease in excellent condition with ample parking.
      824 JOHN MARSHALL Hwy, Front Royal, VA 22630
      View Details
    • $3,000/Mo

      Golf Course Home for Rent

      Furnished 3BR home on golf course, ideal for business.
      134A 134a Golf Club Circle, FRONT ROYAL, VA 22630
      View Details
    • $1,300/Mo

      Commercial Space in High-Traffic Area

      End-cap commercial space available in a busy commercial corridor.
      8506 Winchester Rd, Front Royal, VA
      View Details
    • $2,500/Mo

      Office Building in Business Corridor

      1500 sq ft office building available for lease.
      422 Laura Virginia Hale Place, FRONT ROYAL, VA 22630
      View Details
    • $33 SF/Yr

      Retail/Office/Restaurant Building For Lease

      2,699 SF retail/office/restaurant building on 1 acre for lease.
      W 14th St, Front Royal, VA
      View Details

    FAQs

    What type of property is this?
    Land - 0.6854 acre lot near shopping and high-traffic roads.
    Where is this land located?
    The property is located at Winchester Rd Front Royal, VA.
    What is the lease rate?
    The lease rate is $4,248 /Mo.
    What are key features of this property?
    This property features: High traffic location on Winchester Road/US Route 522/340; 0.6854 +/- acre lot/pad site; Adjacent to Cedarville Corners strip center
    (540) 247-1756 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brett Haynes
    Brett Haynes
    Real Estate License ID: 0225025964
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Winchester Rd, Front Royal, VA

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!