33407 Old Valley Pike Strasburg, VA 22657
This exceptional 2.96-acre commercial land parcel, located at 33407-33431 Old Valley Pike in Strasburg, Virginia (zip code 22657), presents a unique investment opportunity. Zoned Highway Commercial, this property enjoys unparalleled visibility and accessibility, situated just off Interstate 81 and a short drive from Interstate 66. The strategic location benefits from high traffic counts due to its proximity to established businesses, including fast-food restaurants, hotels, retail outlets, and medical facilities. The site's existing infrastructure includes readily available public utilities, supporting a wide array of commercial ventures. Further enhancing its appeal, the property includes three existing rental homes, generating immediate cash flow until a commercial development plan is implemented. The Shenandoah County location boasts a rapidly growing residential population, ensuring a robust potential customer base for any commercial enterprise. The asking price is $1,200,000, translating to approximately $405,405.41 per acre. The property's APN is 016 A 150, and ownership is fee simple. Seller financing and leasing options may be available. This is a truly exceptional opportunity for businesses seeking a high-visibility location in a thriving market. The listing term begins July 1, 2024.
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
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.