17 Hannah Cir, Waynesboro, VA 22980
This exceptional Waynesboro, VA property offers 24,000 square feet of versatile space, ideally situated on 1.69 acres along Route 250. The building, constructed in 1998, features a 12,000 square foot open warehouse with three loading docks and a 12,000 square foot conditioned area suitable for retail, showroom, or office use. This two-story building boasts high visibility and convenient access to I-64 and I-81, benefiting from high traffic counts exceeding 18,000 vehicles daily. The property is zoned General Business (GB), presenting opportunities for future development. Currently 100% leased, this asset is an attractive option for 1031 exchange investors. The total tax assessment is $2,605,200, and the asking price is $2,595,000. This prime location offers significant potential for growth and return on investment. The property includes two parcels combined, offering flexibility and potential for expansion.
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.