1462 Us-211 Luray, VA 22835
This exceptional 43,312 square foot, single-story retail and office center, situated on 10 acres in Luray, Virginia (22835), presents a compelling investment opportunity. Built in 1972, the property boasts a highly desirable location on US-211, near major retailers including Walmart, Food Lion, Schewels Furniture, Tractor Supply, and CVS. The center's strong tenancy is further enhanced by outparcels occupied by Truist Bank, Taco Bell, and Dollar General, creating a significant regional shopping destination. Currently, several spaces are available for immediate occupancy, ranging from 900 to 1,800 square feet. These versatile spaces are suitable for a variety of commercial uses, offering flexibility for potential tenants. The property is zoned commercial and features electric power. The asking rate is $10.00 per square foot, NNN. This property is located in the Northern Virginia submarket, specifically the Luray, Page County cluster, and its address is 1462 US-211. The property's APN is 42A8 A 5A. This is a rare opportunity to acquire a well-positioned retail and office center in a thriving market.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.