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Property profile & analytics
OFF-MARKET
Land

740 Front Royal Pike - Winchester, VA 22602

6.53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.53-acre commercial land parcel presents a unique development opportunity in Winchester, Virginia. Located at 740 Front Royal Pike - Lot 1B, this fee-simple property boasts unparalleled access via the newly constructed, $23 million Crossover Boulevard, a four-lane road and bridge spanning I-81. This strategic location places the land ideally between I-81 and US 522, providing direct access to the Winchester commercial district and Airport Road, significantly improving traffic flow and enhancing property value. The area is experiencing rapid growth, with recent developments including the Trex and Carmax headquarters directly across I-81, and over 330 new multi-family residential units immediately south. The property benefits from flexible zoning, allowing for diverse development options such as office, multi-family, retail, medical, and hospitality uses. The surrounding area includes established residential communities (Red Fox Run, Chapel Hill, Canter Estates, and the under-development Freedom Manor), as well as three new public schools (Evendale Elementary, Admiral Richard E. Byrd Middle, and Armel Elementary), and a planned new high school. This vibrant, expanding community, situated in one of the fastest-growing areas of the Greater Washington, DC Metro Area, makes this a compelling investment opportunity with significant long-term potential. The property's proximity to major transportation arteries and thriving residential areas ensures high visibility and accessibility for any development. This is a rare chance to capitalize on the explosive growth in Winchester. The zip code is 22602, and the property is in Frederick County.

Property profile
Verified
Property type Land
Lot 6.53 ac (284,447 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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