901 Broad St Waynesboro, VA 22980
- Commercial real estate
- 93,866 SF
- 13.15 lot acres
Current Use by Public Records
- Ciro's Pizza / Pizza Restaurant
- Quality Cleaners Corp / Dry Cleaner / Laundry
- Waynesboro Democratic Headquarters / Political Party Office
- Barnwell & Jones Inc / Real Estate Agency
- Willow Oak Plaza / Shopping Mall
Property Details for 901 Broad St
- Year built
- 1975
- Construction
- LIGHT FRAME
- Lot size
- 13.15 lot acres
- Property size
- 93,866 SF
- Zone code
- H-B
- Property type
- Commercial real estate
- APN
- 45 2 - 23
- APU
- 45223
Description
Willow Oak Plaza, located at 901 West Broad Street in Waynesboro, Virginia (zip code 22980), presents a significant retail investment opportunity. This 163,090 square foot shopping center offers 19 suites, providing flexibility for various retail businesses. The property boasts a substantial amount of vacant space, totaling 92,990 square feet, ideal for expansion or new tenants. Units range in size from a minimum of 750 square feet to a maximum contiguous space of 27,286 square feet, catering to a wide array of business needs and scales. The center's prime location in Waynesboro, Virginia, offers excellent visibility and accessibility for customers. This multi-tenant property is classified as a shopping center and presents a unique chance to establish or expand a retail presence in a thriving community. The property is situated in Waynesboro County, VA, and its coordinates are 38.07159 latitude and -78.8916023 longitude. The available space presents a compelling opportunity for businesses seeking a prominent location within a well-established retail center. Serious inquiries are encouraged to explore the possibilities this property offers. The property is currently available for lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,780,000
- 6.5%
- $3,760,000
- 7%
- $3,680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,140,000
- Geo Method
- $3,235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,505,000
- Retail
- $3,200,000
- Mixed-Use
- $3,965,000
- Hospitality
- $4,090,000
- Educational
- $3,425,000
- Residential Income
- $3,995,000
- Energy
- $3,005,000
- Income-Based Land
- $3,505,000
- Food Service
- $4,120,000
Location Insight
- Map
- Local Demand
- City
- Waynesboro
- County
- Waynesboro City
- State
- Virginia
- Longitude
- -78.8921
- Latitude
- 38.0714
- CBSA code
- 44420
- CBSA name
- STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA
