0 Tbd Keezletown Rd Weyers Cave, VA 24467
This exceptional 75.51-acre industrial land parcel in Augusta County, Virginia, presents a compelling investment opportunity. Located near Weyers Cave, with a TBD Keezletown Road address and zip code 24467, the property boasts convenient access to major transportation arteries, including I-81 and Route 11, as well as I-81 Exit 235. The site benefits from existing and potential rail access, connecting to both Norfolk Southern and CSX lines, making it ideal for logistics and distribution. All utilities are available. Currently, the majority of the land is zoned GI (Industrial), with portions zoned for single-family residential and agricultural use. The comprehensive plan designates the majority for industrial zoning, with the remaining area slated for Community Mixed Use, allowing for a mix of residential (6-12 dwellings per acre, up to 40% of the total acreage), retail, office, and potentially industrial uses. This flexibility makes the property suitable for a wide range of development projects, from manufacturing facilities to distribution centers. Its proximity to the Shenandoah Valley Regional Airport (a 5-minute drive) further enhances its appeal. The property is situated near the Triangle Drive Industrial Park, reflecting the area's growing industrial and warehouse sector. The asking price for this significant land holding is $2,700,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.