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Property profile & analytics
OFF-MARKET
Commercial real estate

1301 Main St Waynesboro, VA 22980

1.08 ac lot
Individually Owned
Property ID
US87-2997631
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 1.08 ac (47,045 SF)
UPID US87-2997631
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ruiz Nain
Ruiz Nain
since 2026
3 recorded transactions
2026
$339,900
2025
$290,000
2024
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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