0 Mill Run Rd Shenandoah, VA 22849
This exceptional 5.84-acre commercial land parcel presents a unique investment opportunity in the desirable Mill Run Subdivision of Shenandoah, Virginia. Located at 0 Mill Run Rd, zip code 22849, this mostly wooded, level lot boasts easy and shallow access to the river, offering tranquil riverfront property. The property's prime location provides convenient access to Shenandoah National Park, the Appalachian Trail, and Massanutten Resort, making it ideal for recreational activities or as a basecamp for outdoor adventures. The relatively flat terrain simplifies development, making it suitable for a variety of commercial uses, including but not limited to, recreational facilities, cabins, or a basecamp for guided tours. The asking price is $159,900. Given its size, location, and access to the river, this property represents a significant opportunity for investors seeking a unique and versatile commercial land holding in a highly sought-after area of Page County, Virginia. Appointments are required for viewing; drive-bys are not permitted. The property is situated at latitude 38.509081 and longitude -78.6338291.
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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