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Property profile & analytics
OFF-MARKET
Commercial real estate

Lew Dewitt Blvd Waynesboro, VA 22980

8.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.12-acre commercial parcel presents a rare development opportunity in Waynesboro, Virginia. Situated at 0 Lew DeWitt Blvd, this property boasts unparalleled visibility due to its location at a traffic light intersection. The high traffic count ensures maximum exposure for any future business. The land is conveniently located next to a Lowe's home improvement store, guaranteeing a steady stream of potential customers. Furthermore, the property benefits from its proximity to other established businesses, including Starbucks, Panera Bread, Home Depot, and Outback Steakhouse, creating a vibrant and desirable commercial environment. This strategic location offers significant advantages for a wide range of commercial ventures, from retail establishments to restaurants and service businesses. The substantial acreage provides ample space for development, allowing for flexibility in design and scale. This is a unique opportunity to acquire a highly visible and strategically located commercial property in a thriving area. The property's size and location make it an exceptional investment for those seeking a prime commercial development site. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Lot 8.12 ac (353,707 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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