0 Lew Dewitt Blvd Waynesboro, VA 22980
This exceptional 2.404-acre retail pad site, located on Lew Dewitt Blvd in Waynesboro, Virginia (zip code 22980), presents a prime opportunity for commercial development. The property is development-ready, boasting readily available infrastructure and utilities. Its high-visibility location along a busy thoroughfare ensures excellent accessibility and ample space for building and parking. The site benefits from its proximity to major highways and thoroughfares, maximizing exposure and attracting a large customer base. Adjacent to a newly constructed, large climate-controlled storage facility (over 100,000 square feet) and a burgeoning residential development, this location offers a unique blend of established and growing commercial activity. The existing storm water management system (SWM) further streamlines the development process, minimizing upfront costs and accelerating project timelines. This property is ideal for a variety of commercial uses, capitalizing on the area's strong growth and high traffic volume. The asking price for this exceptional opportunity is $795,000.
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
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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.