Intersection Of Community Way And Rte 250 Staunton, VA 24401
- Land
- 2.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Intersection Of Community Way And Rte 250
- Lot size
- 2.50 lot acres
- Property type
- Land
Description
This exceptional 2.5-acre commercial land parcel is strategically located at the intersection of Community Way and Route 250 in Staunton, Virginia (zip code 24401). The property enjoys high visibility and accessibility, situated directly across from Martin's Grocery Anchored Shopping Center. Its proximity to major retailers like Walmart, Lowe's, and Sheetz, coupled with its convenient access to I-81 (Exit 220) and I-64, ensures significant traffic flow and exposure. The site is available for sale or ground lease and offers development potential for spaces ranging from 1,600 to 5,000 square feet. This prime location benefits from a large trade area encompassing approximately 175,000 people in Western Virginia. Further enhancing its appeal is its adjacency to a newly constructed 125-unit apartment complex, creating a built-in customer base. The property's location minutes from Staunton's historic downtown and its proximity to eleven state universities and colleges within a 35-minute drive radius present significant long-term growth opportunities. This is an outstanding regional location at the crossroads of Virginia's major north/south and east/west transportation corridors, making it an ideal investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Staunton
- County
- Augusta
- State
- Virginia
- Longitude
- -79.0478
- Latitude
- 38.1384
