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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1462 Unit Luray, VA 22835

10.1 ac lot Built 1972
Property ID
Property summary
AI-generated overview

This prime retail space is located at 1462 US Highway 211 W, Unit A, in Luray, Virginia. Situated on a 10.1-acre lot, this property is part of the dominant Luray Shopping Center, strategically positioned near Walmart and boasting strong anchor tenants including Food Lion, Schewels Furniture, Tractor Supply, and CVS. The center's high visibility along Route 211, near the popular Luray Caverns, ensures significant traffic flow. Outparcels featuring Truist Bank, Taco Bell, and Dollar General further enhance the shopping destination's appeal and draw regional shoppers. Multiple immediately available spaces are offered, ranging from 900 square feet to 1,800 square feet, providing flexibility for various commercial uses. The landlord is open to a wide range of tenants. These in-line spaces are offered at a highly competitive rate of $10.00 per square foot, NNN. This presents a valuable opportunity for businesses seeking a well-established location within a thriving retail environment. The property's strong anchor tenants and convenient location make it an ideal choice for businesses looking to establish or expand their presence in the Luray area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1972
Lot 10.1 ac (439,956 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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