700 2Nd St Waynesboro, VA 22980
- Commercial real estate
- 79,185 SF
- 5.07 lot acres
Current Use by Public Records
- 1-800 Radiator & A/C-Waynesboro / Auto Body Parts Supplier / Car Repair And Maintenance Service
- Live Life / Unemployment Office / Handyman/Handywoman/Handyperson
- The Patch Boys of Central Virginia / Dry Wall Contractor / Service Establishment
- Central Virginia Prep / Shipping Service / E-Commerce Service
- Dominion Hemp / Pet Supply Store / Farm Equipment Supplier
Property Details for 700 2Nd St
- Lot size
- 5.07 lot acres
- Property size
- 79,185 SF
- Zone code
- H-I
- Property type
- Commercial real estate
- APN
- 36 2 - 6
- APU
- 3626
Description
This Waynesboro, VA industrial property at 700 2nd St offers 92,935 square feet of versatile warehouse and flex space. Built in 1997, the property sits on 5.08 acres of land and is zoned for light industrial use. Currently offering one 11,000 square foot space, the property has the potential for further demising. The building features two loading docks, providing for easy load-in and load-out, and includes additional office space. Its convenient highway access and onsite property management add to its appeal. Located in the Staunton/Harrisonburg submarket, this property is ideal for businesses seeking efficient and well-maintained industrial space in a strategic location. The property's multiple tenancy allows for flexibility in lease terms and space configurations. The 11,000 square foot space is refrigerated, making it suitable for a variety of temperature-sensitive goods. This is a prime opportunity for businesses seeking a functional and well-located industrial space in Waynesboro, Virginia, with the added benefit of easy access to major transportation routes. The property's light industrial zoning ensures a wide range of potential uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,815,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,615,000
- 6.5%
- $2,645,000
- 7%
- $2,850,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,830,000
- Geo Method
- $2,910,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,720,000
- Retail
- $2,415,000
- Mixed-Use
- $3,000,000
- Hospitality
- $2,500,000
- Educational
- $2,390,000
- Residential Income
- $2,675,000
- Energy
- $2,550,000
- Income-Based Land
- $2,275,000
- Food Service
- $2,380,000
Location Insight
- Map
- Local Demand
- City
- Waynesboro
- County
- Waynesboro City
- State
- Virginia
- Longitude
- -78.8758
- Latitude
- 38.0777
- CBSA code
- 44420
- CBSA name
- STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA
