Property Details for 1105 Millwood Pike

Lot size

1.38 lot acres

Property type

Retail properties & Spaces

Property subtype

Office properties & Spaces

Description

This exceptional 1.38-acre commercial land parcel, located at 1105 Millwood Pike in Winchester, Virginia (zip code 22602), presents a unique investment opportunity. The property, identified by APN 64A4-6 & 7, is zoned GB and boasts a highly visible location overlooking a thriving retail area anchored by Costco. Measuring approximately 200 feet wide by 300 feet deep, the site benefits from exceptional daily traffic counts of 21,000 vehicles on Millwood Pike, providing unparalleled exposure for any commercial development. Convenient access to Interstate 81 further enhances its strategic position. Comprehensive due diligence materials are available, including a geotechnical report, Phase 1 environmental study, and a full ALTA survey. Winchester is experiencing robust population growth, projected at 12.7% over the next decade, making this a particularly attractive investment in a rapidly expanding market. The city's diverse economy encompasses retail, restaurants, service industries, healthcare (anchored by Winchester Medical Center), and education (Shenandoah University). Winchester's strategic location in the Shenandoah Valley, with easy access to major interstates (I-81 and I-66) and state highways, provides seamless connectivity to major eastern markets, including Washington, D.C. (74 miles) and Baltimore (97 miles). This property offers significant potential for a variety of commercial uses, capitalizing on the strong existing infrastructure and the area's impressive growth trajectory. The asking price is $950,000.

Location Insight

City

Winchester

County

Frederick

State

Virginia

Longitude

-78.1506

Latitude

39.1592