1860 Rosser Ave Waynesboro, VA 22980
This exceptional 1.31-acre commercial property at 1860 Rosser Avenue in Waynesboro, Virginia, presents a truly unique development opportunity. Situated on a high-traffic corridor (Rosser Avenue, 30,000 ADT), this site boasts unparalleled visibility and accessibility. Its proximity to Interstate 64 (less than 1,000 feet) ensures convenient access for customers from a wide regional trade area encompassing Augusta County and the neighboring counties of Rockbridge and Rockingham. The property features a signalized intersection providing three points of ingress/egress, enhancing traffic flow and customer convenience. This strategic location is surrounded by a robust mix of national retailers, including Walmart, Sheetz, Chipotle, Popeye's, Starbucks, and Home Depot, further solidifying its prime retail potential. The presence of Waynesboro Town Center, anchored by Target, Aldi, and Chick-fil-A, adds to the already impressive retail synergy of the area. This site is ideally suited for a variety of commercial developments, capitalizing on its exceptional location and high visibility within a thriving retail environment. The asking price is $850,000.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.