Property profile

17 Hannah Cir Waynesboro, VA 22980

OFF-MARKET
Retail properties & Spaces
24,000 SF 1.69 ac lot Built 1998
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1998
Total area 24,000 SF
Lot 1.69 ac (73,616 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17 Hannah Cir Waynesboro, VA 22980
Waynesboro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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