Xing Way And Richmond Ave Staunton, VA 24401
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Xing Way And Richmond Ave
- Lot size
- 20.00 lot acres
- Property type
- Land
Description
This exceptional 20-acre land parcel presents a remarkable investment opportunity in Staunton, Virginia. Strategically located directly off Interstate 81 at the first traffic light, this site boasts unparalleled visibility and accessibility. The property's prime location within a large trade area encompassing approximately 175,000 people in Western Virginia ensures significant potential for a wide range of commercial developments. Its proximity to historic downtown Staunton adds to its appeal. The site benefits from its outstanding regional location at the intersection of I-81 and I-64, Virginia's major north/south and east/west transportation corridors, guaranteeing easy access for customers and employees. This location is ideal for a variety of uses, including big-box retail, specialty stores, hotels, restaurants, and convenience stores. The area also boasts a strong educational presence, with 11 state universities and colleges within a 35-minute drive, providing a substantial and diverse potential customer base. This property offers a rare chance to capitalize on a high-traffic location with exceptional visibility and access in a thriving market. The expansive acreage provides ample space for large-scale development, making it an attractive option for businesses seeking a prominent presence in the region.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Staunton
- County
- Staunton City
- State
- Virginia
- Longitude
- -79.0389
- Latitude
- 38.1308
