Lew Dewitt Blvd Waynesboro, VA 22980
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.
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.