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    OFF-MARKET
    Commercial real estate

    Prosperity Dr, Winchester, VA 22602

    2.38 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.38-acre commercial lot presents a remarkable opportunity in Winchester, Virginia. Strategically located at the intersection of Valley Pike and Prosperity Drive in the Kernstown area of Frederick County, this property boasts unparalleled visibility and accessibility. Directly across the street from established businesses such as CMA Honda, Aldi, and Carrabba's Italian Grill, this location ensures high traffic counts and significant brand exposure. The property's proximity to major transportation arteries, including I-81, US Route 37, and US Route 11, provides convenient access for customers and employees. Excellent signage opportunities further enhance the property's marketing potential. Zoned B-2, this versatile parcel allows for a wide range of commercial uses, including restaurants, hotels, auto dealerships, retail establishments, and office spaces. All utilities are readily available, simplifying the development process. This prime location offers an exceptional investment opportunity for businesses seeking high visibility and convenient access in a thriving commercial area. The property's size and zoning provide flexibility for a variety of development plans, making it an ideal choice for entrepreneurs and investors alike. Don't miss this chance to secure a prominent location in a rapidly growing market. The asking price is $1,200,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2024
    Lot 2.38 ac (103,673 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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