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    OFF-MARKET
    Land

    0 Renaissance Dr, Stephens City, VA 22602

    1.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land offering presents a unique investment opportunity in Winchester, Virginia's thriving Kernstown submarket. Situated at the highly accessible intersection of US 11/Valley Pike and Renaissance Drive, this property boasts a sizable lot ranging from 1.7 to 10.4 acres, providing ample space for diverse development projects. The property is zoned B2: General Business and B3: Industrial Transition, allowing for a wide range of commercial and light industrial uses. A significant advantage is the planned road connection over the railroad tracks at the rear of the site, scheduled for completion in late 2024. This connection will provide direct access to Shady Elm Road and the burgeoning Valley Innovation Park, developed by Peterson Cos., significantly enhancing the property's connectivity and future potential. The strategic location offers excellent visibility and convenient access to major transportation routes, making it an ideal site for businesses seeking a prominent presence in a rapidly growing area. This is a rare opportunity to acquire a substantial parcel of land in a prime location with exceptional future development prospects. The flexible zoning and planned infrastructure improvements make this property a compelling investment for both short-term and long-term growth.

    Property profile
    Verified
    Property type Land
    Lot 1.7 ac (74,052 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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