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Property profile

48 Locustdale Loop Shenandoah, VA 22849

OFF-MARKET
Land
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0.32 ac lot

Property summary

AI-generated overview

This exceptional 0.32-acre commercial lot, located at Lot 48 Locustdale Loop in the desirable Forest Knolls subdivision of Shenandoah, Virginia (zip code 22849), presents a unique opportunity for development. Boasting breathtaking hilltop views of Massanutten Mountain, this cleared, sloping lot offers unparalleled scenic beauty. The property features convenient road frontage and is ready for immediate construction. All utilities are readily available, including public water and sewer hookups (a $17,000 tap fee applies). Electric and cable TV services are also accessible. Situated in Page County, this lot provides an ideal location for a variety of commercial ventures, capitalizing on its prime location and stunning natural surroundings. Don't miss this chance to own a piece of Shenandoah's captivating landscape and build your business with a view. The lot is categorized as mountainous and has been cleared for construction.

Property profile

Verified
Property type Land
Lot 0.32 ac (13,939 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

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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