1860 Rosser Ave Waynesboro, VA 22980
This exceptional 1.31-acre commercial land parcel, situated at 1860 Rosser Ave in Waynesboro, Virginia (zip code 22980), presents a remarkable retail investment opportunity. Located on a major commercial thoroughfare (Rosser Avenue, boasting 30,000 average daily traffic), this property enjoys unparalleled visibility and accessibility. Its proximity to Interstate 64 (less than 1,000 feet) ensures convenient access for customers from Augusta County and neighboring Rockbridge and Rockingham counties. The site benefits from a signalized intersection providing three points of ingress/egress. This strategic location is surrounded by a robust mix of national retailers, including Walmart, Sheetz, Chipotle, Popeye's, Starbucks, Home Depot, and the Waynesboro Town Center (featuring Target, Aldi, and Chick-fil-A). The property is zoned HB and is one of only two remaining pad sites available. This represents a rare chance to establish a thriving business within a thriving commercial hub. The asking price is $850,000. Adjacent Lot 7 was recently acquired by Texas Roadhouse, further demonstrating the desirability of this location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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