Tbd Myers Cor Dr Staunton, VA 24401
This exceptional pre-sale opportunity presents multiple condo units in a prime Staunton, VA location. Situated on a 0.82-acre lot, this development offers unparalleled convenience with close proximity to Interstates 64 and 81, as well as the city of Staunton, Waynesboro, and Augusta Health. Buyers can choose from several options: purchase individual units, a single floor, or the entire building. Individual units range in size from a minimum of 1,625 square feet to a maximum of 5,000 square feet per floor, with the entire building totaling 10,008 square feet. The units are being sold as a "cold shell," meaning they are delivered without interior finishes. The list price is $225 per square foot, totaling $365,000 for the entire building. Utilities, including power, water, and sewer, will be connected to the building. For buyers seeking a complete turnkey solution, contractors are available to handle interior build-outs, which can be coordinated during the construction phase. The estimated completion time for the entire project is one year. This presents a unique investment opportunity in a rapidly growing area with excellent access to major transportation routes and essential services. Don't miss this chance to secure your space in this highly desirable development.
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
Similar Nearby for Sale
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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.