740 Front Royal Pike - Winchester, VA 22602
This exceptional 10.05-acre commercial land parcel presents a unique development opportunity in Winchester, Virginia. Situated at 740 Front Royal Pike - Lot 1C, this fee simple property boasts unparalleled access via the newly completed $23 million Crossover Boulevard, a four-lane road and bridge over I-81. This strategic location places the property ideally between I-81 and US 522, serving as a key connector to Airport Road and the Winchester commercial district. The site benefits from fully approved flexible zoning, allowing for diverse development options including office, multi-family, retail, medical, hospitality, and more. The area is experiencing rapid growth, with recent developments including the Trex and Carmax headquarters across I-81, and over 330 residential units directly south. This burgeoning community, part of the rapidly expanding Greater Washington, DC Metro Area, is further enhanced by the presence of new public schools and planned infrastructure improvements. The property's proximity to established residential communities like Red Fox Run, Chapel Hill, Canter Estates, and the under-development Freedom Manor, ensures a strong potential customer base. The Crossover Boulevard project itself reroutes traffic, significantly increasing the value of this prime location for any commercial development. This is a rare chance to capitalize on the explosive growth in this highly desirable area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.