300 National Ave Staunton, VA 24401
This exceptional 7.02-acre mixed-use property in Staunton, Virginia, presents a unique investment opportunity. Located at 300 National Ave, this strategically positioned site boasts 5,197 square feet of existing building space currently configured for convenience store, grocery store, and manufacturing uses. The property is zoned GB (General Business), offering considerable flexibility for a variety of commercial ventures. Its prime location, a stone's throw from Routes 250, 64, and 81, ensures high visibility and accessibility, maximizing potential for retail success. The land is divided into nine parcels, all included in the sale, providing ample space for expansion or redevelopment. Currently, a house and outbuilding are situated at the front of the property, offering additional possibilities. The asking price is $965,000. This property is ideal for an investor seeking a multi-faceted commercial venture in a high-traffic area with significant growth potential. The existing building provides immediate income potential while the expansive lot allows for future development and expansion. This is a rare opportunity to acquire a substantial commercial property in a thriving Virginia location. The property's versatility and prime location make it an attractive investment for both established businesses and new ventures. Don't miss this chance to capitalize on the potential of this exceptional commercial property.
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
Similar Nearby for Sale
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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.