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Property profile & analytics

1301 Broad St Waynesboro, VA 22980-2435

  • Commercial real estate
  • 42,358 SF
  • 3.40 lot acres
OFF-MARKET
Last Sale
Aug 19, 2021
$1,500,000
Value Estimations
$1,790,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US87-3116951
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Badcock Home Furniture &more / Home Decor Store / Department Store

Property Details for 1301 Broad St

Year built
1965
Construction
LIGHT FRAME
Lot size
3.40 lot acres
Property size
42,358 SF
Zone code
H-B
Property type
Commercial real estate
APN
34 2 - X1
APU
342X1

Description

Gateway Park Shopping Center, located at 1301 W Broad St, Waynesboro, VA 22980, presents a significant retail opportunity. This single-tenant property offers 15,941 square feet of immediately available space within a larger 42,866 square foot building. The space is currently configured as a furniture store and is in excellent condition, representing a turnkey solution for a similar business or a retailer seeking a well-maintained space. The building comprises a total of seven suites. The property's location in Waynesboro, Virginia, provides excellent visibility and accessibility for customers. The minimum divisible space is 15,941 square feet, and the maximum contiguous space available is also 15,941 square feet. This makes it ideal for a business requiring a substantial footprint. The property's existing infrastructure and condition minimize upfront capital expenditures, allowing for a quicker return on investment. Interested parties are encouraged to explore this exceptional opportunity to establish or expand their retail presence in a thriving market. The property is conveniently located at the intersection of W Broad St, offering high traffic visibility and easy access for customers. This is a rare opportunity to acquire a well-maintained, sizable retail space in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,835,000
    ML approach
    $1,775,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $2,329,000
    Market price range: $1.82M - $6.53M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Waynesboro
County
Waynesboro City
State
Virginia
Longitude
-78.8978
Latitude
38.0733
CBSA code
44420
CBSA name
STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,392
$1,840,500
$678,000
$2,518,500
-
$1,840,500
$678,000
$2,518,500
More about this property
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