1300 Richmond Ave Staunton, VA 24401
Exceptional 50-acre commercial land parcel in Staunton, Virginia, presents a unique retail development opportunity. Located at 1300 Richmond Ave, Staunton, VA 24401, this B-2 zoned property offers significant advantages for investors and developers. The site boasts nearly one mile of frontage on Interstate 81 at Exit 222, providing unparalleled visibility and accessibility at the intersection of I-81 and I-64. This strategic location within the Shenandoah Valley ensures convenient access to major highways, facilitating efficient transportation of goods and services. With a high average daily traffic count exceeding 58,000 vehicles on I-81 and over 26,000 on Richmond Avenue, this property guarantees substantial exposure to potential customers. All utilities are available. The land is divisible, offering flexibility for various development plans. Priced at $125,000 per acre, this represents a compelling investment in a rapidly growing market. This prime location and high traffic counts make this a rare opportunity for significant retail 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
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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.