200 Shenandoah Village Dr Waynesboro, VA 22980
This exceptional 11-acre commercial land parcel in Waynesboro, Virginia, presents a prime opportunity for development. Located at 200 Shenandoah Village Drive, zip code 22980, this property boasts unparalleled visibility from Interstate 64 and the adjacent Waynesboro Town Center. The site benefits from easy access via Exit 94, placing it in the heart of a thriving commercial area. Anchored by Target and Kohl's, the surrounding neighborhood includes a diverse mix of established businesses such as PetSmart, Michael's, McDonald's, Chick-fil-A, and Aldi's, ensuring high traffic and strong consumer presence. The property's strategic location offers significant advantages for businesses seeking high visibility and convenient access. The 11-acre site is flexible, allowing for potential adjustments in acreage or combination with contiguous parcels. Furthermore, a land lease option is available, providing alternative development pathways. The asking price for the entire 11-acre parcel is $4,500,000. Pricing for smaller parcels is available upon request. This is an exceptional opportunity to establish a presence in a high-traffic, well-established commercial area of Waynesboro, Virginia. Contact us to explore the possibilities.
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.