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2701 Stuarts Draft Hwy Stuarts Draft, VA 24477-2751

OFF-MARKET Warehouses Google Maps
12,376 SF 0.4 ac lot Built 1959
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$300k
Range $270k – $330k (±10%)
Property ID US87-3301493

Property summary

AI-generated overview

This exceptional 17,000-square-foot flex/warehouse property in Stuarts Draft, Virginia, presents a compelling investment opportunity. Located at 2701 Stuarts Draft Highway, this strategically positioned industrial space sits on a 1.18-acre lot, boasting excellent visibility and frontage on Route 340. The building, constructed in 1959, features a durable metal roof and is zoned for General Business use, offering versatility for a range of commercial applications. Its convenient location offers high visibility, situated directly across from a Walgreens and near a newly constructed Starbucks, ensuring significant foot traffic and brand recognition. The property's substantial size provides ample space for warehousing, manufacturing, or flex-use operations. Currently occupied by a short-term tenant, this presents an ideal chance for immediate income generation or future redevelopment. The property's solid construction and prime location make it an attractive prospect for both investors and businesses seeking a well-established presence in a thriving area. The Augusta County address, with a 24477 zip code, provides easy access to major transportation routes, further enhancing its appeal. Detailed information is available upon request.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1959
Total area 12,376 SF
Lot 0.4 ac (17,424 SF)
Zoning code GENERAL BUSINESS
APN 084A 5 57A
UPID US87-3301493

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

GENERAL BUSINESS · Stuarts Draft, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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