0-lot 28 Hedgerow Dr Staunton, VA 24401
This exceptional 1.06-acre commercial lot presents a unique development opportunity in Staunton, Virginia. Located at 0-lot 28 Hedgerow Drive, this property boasts a highly desirable location at the intersection of Jefferson Highway (Route 250) and Lifecore Drive, placing it within the thriving Myers Corner commercial area. The lot is currently un-recorded, offering flexibility for future subdivision possibilities. This presents a blank canvas for developers seeking to capitalize on the area's growth and high visibility. The asking price is $240,525. The property's address is 0-lot 28 Hedgerow Dr, Staunton, VA 24401, situated in Augusta County. Further details regarding covenants and restrictions are available upon request. Given its prime location and potential for development, this property represents a compelling investment opportunity for those seeking to establish a commercial presence in a rapidly developing area of Staunton. The property's convenient access to major roadways ensures high traffic visibility and accessibility for potential businesses. This is an excellent chance to secure a valuable piece of commercial real estate in a strategic location. The 1.06-acre size provides ample space for a variety of commercial developments.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.