262 & Parkersburg Pike Staunton, VA 24401
This exceptional 55-acre parcel of land presents a unique investment opportunity in Staunton, Virginia. Strategically located at the intersection of Route 262 and Parkersburg Pike, this property boasts high visibility and convenient access to major transportation routes. The seller is willing to subdivide the land, offering flexibility for various development projects. The expansive acreage is suitable for a wide range of uses, including retail establishments, distribution centers, self-storage facilities, and residential subdivisions. The property's prime location in Augusta County, with a zip code of 24401, ensures strong potential for growth and return on investment. Its versatility makes it an attractive option for developers seeking to capitalize on the thriving Staunton market. The property is zoned for both residential and commercial uses, providing significant development options. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial land holding in a desirable location with significant potential for future development. The asking price for this exceptional property is $1,500,000. Don't miss this chance to secure a prime piece of real estate in the heart of Staunton.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.