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Property profile

8901 George Washington Memorial Hwy Yorktown, VA 23692

OFF-MARKET
Mixed-use properties
1.24 ac lot
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Property summary

AI-generated overview

This exceptional commercial real estate opportunity presents two parcels totaling 1.24 to 2.7 acres of land available for sale, situated at 8901 and 9009 George Washington Memorial Highway in Yorktown, Virginia (zip code 23692). The property boasts a highly desirable location at a median break intersection, ensuring maximum visibility for any business. Each parcel can be purchased separately. The 1.24-acre parcel is priced at $215,000, while the larger 2.7-acre parcel is listed at $470,000. The combined asking price for both parcels is $685,000. The land value is $3.99 per square foot. The property is zoned LB (Limited Business), offering a range of potential uses. All utilities are available on-site. This strategic location offers 850 feet of frontage on Route 17, providing excellent access and exposure. The property is conveniently located across from York High School and a new senior community, ensuring a steady flow of potential customers. This is an ideal investment for developers or businesses seeking a high-traffic location in a thriving community.

Property profile

Verified
Property type Mixed-use properties
Lot 1.24 ac (54,014 SF)

Cap rate & NOI

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

Location

8901 George Washington Memorial Hwy Yorktown, VA 23692
Yorktown metro
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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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