Property profile

1046 Millwood Pike Winchester, VA 22602

OFF-MARKET
Other commercial real estate
Property ID
US87-0601261
7,776 SF 16.94 ac lot Built 1981
Entity Owned 17-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is an established shopping center located at the southeast corner of US 50 (Millwood Pike) and US 522 (Front Royal Pike), with proximity to I-81. It provides a mix of anchor space, inline shop space, and freestanding spaces, and features pylon signage. Vehicular access is supported by six points of entry, including signalized intersections on US Routes 50 and 522. Nearby, Shenandoah University is located in the surrounding area. The listing indicates an available space of approximately 7,503 square feet.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Construction FRAME
Total area 7,776 SF
Lot 16.94 ac (737,906 SF)
Zoning code RESTRICTIVE BUSINESS
APN 64A-4A
UPID US87-0601261

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1046 Millwood Pike Winchester, VA 22602-4312
Winchester metro Census 50900 WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k

Owner & transaction history

since 2008
3 recorded transactions
2008
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RESTRICTIVE BUSINESS · Winchester, VA

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1046 Millwood Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message