740 Front Royal Pike - Winchester, VA 22602
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.