Property profile

938 Shenandoah Ave Elkton, VA 22827

OFF-MARKET
Land
0.76 ac lot
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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

Location

938 Shenandoah Ave Elkton, VA 22827
Elkton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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