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    OFF-MARKET
    Land

    938 Shenandoah Ave, Elkton, VA 22827

    0.76 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.758-acre commercial lot presents a remarkable investment opportunity in the thriving Elkton, Virginia market. Ideally situated adjacent to Shen Elk Plaza, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any prospective business. The lot is conveniently located at 938 Shenandoah Ave, Elkton, VA 22827, offering easy access to major roadways and a dense population base. Zoned B2, this versatile parcel allows for a wide range of commercial development possibilities, making it suitable for various businesses and ventures. The flat terrain simplifies construction and minimizes site preparation costs, further enhancing its appeal to developers and investors. Its proximity to Shen Elk Plaza provides immediate access to existing commercial infrastructure and a built-in customer base. This prime location, combined with the generous lot size and favorable zoning, makes this property an exceptional opportunity for those seeking a strategic investment in a rapidly growing area. The address is precisely 938 Shenandoah Ave, Elkton, VA 22827, within Rockingham County. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The asking price is $84,900.

    Property profile
    Verified
    Property type Land
    Lot 0.76 ac (33,018 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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