0 Tbd Lew Dewitt Blvd Waynesboro, VA 22980
This exceptional 8-acre commercial land parcel presents a unique investment opportunity in Waynesboro, Virginia. Located on TBD Lew Dewitt Boulevard, this property boasts a highly desirable H-B (Highway Business) zoning designation, opening doors to a wide range of commercial development possibilities. The site benefits from its strategic position near a traffic light adjacent to Lowe's, ensuring high visibility and accessibility. Furthermore, its proximity to Exit 94 of a major highway, identified as one of the fastest-growing exits in the state, guarantees substantial traffic flow and potential customer base. The surrounding area is anchored by a robust mix of established national retailers and restaurants, including Walmart, Martin's, Starbucks, Panera Bread, Lowe's, Home Depot, Target, Kohl's, Chick-fil-A, and McDonald's. This prime location offers unparalleled convenience and exposure, making it an ideal site for a variety of commercial ventures. The 8-acre lot provides ample space for large-scale development, catering to diverse business needs. This property represents a rare chance to acquire a highly visible and strategically located commercial land parcel in a thriving market. The combination of high traffic counts, excellent visibility, and proximity to major retailers makes this an exceptional opportunity for investors and developers alike.
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.