Current Use by Public Records
- Land
Property Details for 740 Front Royal Pike -
- Lot size
- 6.54 lot acres
- Property type
- Land
Description
This exceptional 6.54-acre commercial land parcel presents a unique development opportunity in Winchester, Virginia. Strategically located along I-81 and US 522, this fee-simple property benefits from unparalleled access via the newly constructed, $23 million Crossover Boulevard. This four-lane road and bridge provides direct access to the site and the Winchester commercial district, significantly enhancing visibility and accessibility. The property's location is ideal, connecting Winchester to Airport Road and rerouting traffic patterns, creating substantial value for future development. The surrounding area is experiencing rapid growth, with recent developments including the headquarters for Trex and CarMax directly across I-81, and over 330 new multi-family residential units immediately south. The area also boasts several established residential communities and three new public schools, reflecting the significant population increase in this section of Frederick County. Further development is planned, including a new high school adjacent to existing schools. Flexible zoning allows for diverse development options, including office, multi-family, retail, medical, and hospitality uses. This prime location, coupled with the significant infrastructure improvements and surrounding growth, makes this a compelling investment opportunity in one of the fastest-growing communities in the Greater Washington, DC Metro Area. The property is situated at 740 Front Royal Pike - Lot 1A, Winchester, VA 22602.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Frederick
- State
- Virginia
- Longitude
- -78.1663
- Latitude
- 39.1498
