1301 Main St Waynesboro, VA 22980
This exceptional 1.08-acre commercial land parcel presents a unique redevelopment opportunity in Waynesboro, Virginia. Strategically located at 1301 E Main St, this property enjoys a prime position at the revitalized eastern entrance to the city, offering easy access from the Blue Ridge Parkway, Skyline Drive, and Route 250. The slightly sloping lot features two convenient curb cut entrances, ensuring excellent accessibility for any future development. All utilities are available at the site. Existing structures on the property are to be removed, providing a clean slate for a new commercial venture. The asking price for this highly desirable parcel is $275,000. Its prominent location and significant size make it an ideal investment for developers seeking to capitalize on the growing commercial activity in this area of Waynesboro. The 22980 zip code offers a strong demographic profile and convenient access to regional transportation networks. This is a rare opportunity to acquire a substantial commercial lot in a thriving location with excellent visibility and accessibility. Don't miss this chance to build your next commercial success story.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.