Z4 Lew Dewitt Blvd Waynesboro, VA 22980
This exceptional 2.83-acre commercial lot, identified as Lot Z3 and Z4, is strategically located on Lew Dewitt Boulevard in Waynesboro, Virginia, just north of Zeus Theaters. This prime location offers unparalleled visibility and accessibility from a major thoroughfare. The property presents a unique development opportunity, although prospective buyers should note that access from Lew Dewitt Boulevard is situated at the highway crossover near Lot Z2 and will require the installation of a culvert to cross a stream. This consideration should be factored into any development plans. The lot's size and prominent location make it ideal for a variety of commercial uses, offering significant potential for return on investment. The asking price for this exceptional property is $525,000. Given its high visibility and strategic location, this property is expected to attract considerable interest. Serious inquiries are encouraged to explore the possibilities this unique opportunity presents. The property is being sold as-is. All interested parties are responsible for conducting their own due diligence.
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.
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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.