1744 Jefferson Hwy Fishersville, VA 22939-2266
This mixed-use property at 1744 Jefferson Hwy, Fishersville, VA 22939, offers a unique investment opportunity. The 2,943 square foot building, constructed in 1960, sits on a 0.4-acre lot and is zoned for General Business (GB). Currently, it features a mix of office and warehouse space, all on the main floor, including four offices. A loading dock with a 3-foot-high door is also present. The property boasts a strong location on Rt 250 (Jefferson Highway), experiencing high traffic counts. Its central Augusta County location provides easy access to Waynesboro, Staunton, and Stuarts Draft, as well as I-64 (Fishersville exit) and I-81 (within 8 miles). Harrisonburg and Charlottesville are both approximately 35 minutes away. The building's current occupancy is 36%, with a Net Operating Income (NOI) of $31,920, resulting in a 7.09% cap rate. The asking price is $450,000 ($152.91/sq ft). The property is currently under a multi-tenant lease
-
Blue Mountain Plumbing, Heating & Cooling Hardware & Home Improvement HVAC Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GENERAL BUSINESS · Fishersville, VAFishersville. Always verify with local authorities before improvements.
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.