0 Tbd Riverview Dr Luray, VA 22835
This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the desirable Riverview Estates Subdivision of Luray, Virginia. Comprising two contiguous wooded lots, this property offers a tranquil setting while maintaining convenient proximity to a variety of amenities. Located at TBD Riverview Drive, Luray, VA 22835 (38.7562898, -78.4345627), the land is ideally situated near popular attractions including Cooters, the Luray golf course, and the renowned Luray Caverns. Outdoor enthusiasts will appreciate the nearby hiking trails, while those seeking convenience will find local shopping and diverse dining options within easy reach. The subdivision itself provides access to a community play area and a picturesque river lot perfect for boating, fishing, swimming, or picnicking, offering a blend of seclusion and community engagement. The asking price for this exceptional property is $63,000. This is a remarkable opportunity to acquire land suitable for a variety of commercial ventures, capitalizing on the area's natural beauty and convenient location. The property's size and location make it an attractive prospect for developers or businesses seeking a peaceful yet accessible setting in Page County, Virginia. This is a rare chance to secure a piece of Luray's desirable real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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