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    Property profile & analytics
    OFF-MARKET Estimated value $1,010,000
    Warehouses

    347 Oak Ln, Waynesboro, VA 22980-5275

    34,805 SF 8.25 ac lot Built 1988
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US87-3322383
    Property summary
    AI-generated overview

    This exceptional 7-acre industrial property in Augusta County presents a unique opportunity for businesses seeking a build-to-suit, lease, or purchase option. The site boasts a substantial 44,000 square foot building, perfectly suited for a variety of industrial uses including shipping, warehousing, and light manufacturing. Its versatile zoning, designated G-1, allows for a wide range of potential applications. The property's significant acreage provides ample space for expansion or future development, offering considerable flexibility for growth. Convenient access to major transportation arteries, Interstates 64 and 81, ensures seamless logistics and efficient distribution networks. This single-tenant property is ready for immediate occupancy or customized development to meet specific operational needs. The existing building offers a solid foundation for immediate use, while the expansive land provides room for future expansion or the construction of additional facilities. This prime location in Augusta County combines accessibility, size, and zoning flexibility to create an unparalleled opportunity for industrial businesses seeking a strategic foothold in a thriving market. The property is available for sale, lease, or build-to-suit arrangements, providing options to accommodate diverse business requirements and investment strategies.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1988
    Total area 34,805 SF
    Lot 8.25 ac (359,370 SF)
    Zoning code GENERAL INDUSTRIAL
    APN 076 83C
    UPID US87-3322383
    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
    Current use
    Occupant on record · Public records
    • Hathaway Inc Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $745k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.27M
    Blend (final) Blend
    $1.01M
    Owner & transaction history
    HATHAWAY REAL EST
    HATHAWAY REAL EST
    Zoning & alternative use
    GENERAL INDUSTRIAL · Waynesboro, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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