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Property profile & analytics
OFF-MARKET
Land

740 Front Royal Pike - Winchester, VA 22602

20.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.28-acre commercial land parcel presents a unique development opportunity in Winchester, Virginia. Located at 740 Front Royal Pike - Lot 3B, this fee-simple property boasts unparalleled access via the newly constructed, $23 million Crossover Boulevard, a four-lane road and bridge spanning I-81. This strategic location places the property ideally between I-81 and US 522, providing seamless connectivity to the Winchester commercial district and Airport Road, significantly improving traffic flow and enhancing property value. The area is experiencing rapid growth, evidenced by the nearby headquarters of Trex and CarMax, and the recently completed Madison Village multi-family complex, totaling over 330 residential units. Further development is underway, including a new high school and several residential communities. The flexible zoning allows for diverse development options, including office, multi-family, retail, medical, and hospitality uses. This property offers an exceptional investment opportunity within a thriving and expanding community, benefiting from its prime location and access to major transportation arteries. The surrounding area includes three new public schools (Evendale Elementary, Admiral Richard E. Byrd Middle, and Armel Elementary), contributing to the area's family-friendly appeal and further fueling its growth. This site is part of the Crossover mixed-use project, offering flexible site options and segmentation for optimal development potential.

Property profile
Verified
Property type Land
Lot 20.28 ac (883,397 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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