119 Chamberlain Dr Staunton, VA 24401
This exceptional 0.2-acre commercial land parcel presents a unique opportunity in Staunton, Virginia. Located at 119 Chamberlain Dr, 24401, this elevated lot boasts breathtaking mountain vistas, ideal for maximizing natural light and outdoor living space in any new construction. The mostly level homesite eliminates the need for a basement, simplifying construction and potentially reducing costs. Situated within the desirable Olde South Village, this is one of the last remaining lots offering these spectacular views. Enjoy the convenience of a short 2.5-mile commute to I-81, and less than 5 miles to Staunton's vibrant historic downtown and Gypsy Hill Park. The asking price is $57,490, with an attractive financing option available: 50% down payment and a two-year balloon payment. This presents a compelling investment opportunity for developers or those seeking to build a custom property in a highly sought-after location. The property's address is precisely 38.194843 latitude and -79.027925 longitude. Don't miss this chance to secure a piece of Staunton's desirable landscape.
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.
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.