Property profile

1462 Us-211 Luray, VA 22835

OFF-MARKET
Retail properties & Spaces
43,312 SF 10 ac lot Built 1972
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1972
Total area 43,312 SF
Lot 10 ac (435,600 SF)

Cap rate & NOI

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

Location

1462 Us-211 Luray, VA 22835
Luray metro
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Value estimations

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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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