1300 Richmond Ave Staunton, VA 24401
- Retail properties
- 50.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1300 Richmond Ave
- Lot size
- 50.00 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Staunton
- County
- Staunton City
- State
- Virginia
- Longitude
- -79.0376
- Latitude
- 38.1326
