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Property profile & analytics
OFF-MARKET
Commercial real estate

1819 Us Highway 211 Luray, VA 22835

3,899 SF 9.23 ac lot Built 1934
Property ID
US87-1636661
Property summary
AI-generated overview

This exceptional 9.23-acre commercial development opportunity in Luray, Virginia, presents significant potential. Located at 1819 US Highway 211 W, the property boasts approximately 695 feet of frontage along the heavily trafficked Lee Highway (Route 211 W/Route 340), a major commercial corridor running through downtown Luray. The flexible C-1 zoning allows for a wide range of commercial uses, including retail, restaurants, automotive services, veterinary clinics, offices, fitness centers, and self-storage facilities. The site's strategic location benefits from the robust growth and development in the surrounding area, evidenced by the presence of numerous national retailers such as Walmart, Food Lion, Tractor Supply Co., CVS, Dollar General, McDonald's, Burger King, Taco Bell, Advance Auto Parts, AutoZone, Truist Bank, and Dunkin' Donuts, alongside a thriving community of local businesses. Currently, the property includes five vacant single-family homes, all sharing a single well for water. The possibility exists to request public water and sewer extension from the Town of Luray

Property profile
Verified
Property type Commercial real estate
Year built 1934
Total area 3,899 SF
Lot 9.23 ac (402,059 SF)
UPID US87-1636661
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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