Prosperity Dr, Winchester, VA 22602
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.