488 Frontier Dr Staunton, VA 24401
This exceptional 2,814-square-foot commercial property, situated on a 1.55-acre lot in Staunton, Virginia, presents a unique opportunity for lease. Previously a bank branch, the building features a three-lane drive-thru, adding significant potential for various uses. The property's General Business (GB) zoning allows for a wide range of businesses, including retail, restaurant, medical offices, and more. Located at the signalized intersection of Frontier Drive and Lee Highway, this high-visibility site benefits from substantial traffic counts exceeding 19,000 vehicles daily. Its strategic location near major interstates I-81 and I-64 ensures excellent accessibility and strong visibility, further enhanced by a pylon sign. The property includes 26 parking spaces and is conveniently situated near established businesses such as Red Lobster, Applebee's, McDonald's, and more. Built in 1989, this single-story building offers a blank canvas for renovation or a build-to-suit project. The property's tax cost per square foot is $2.30. The address is 488 Frontier Dr, Staunton, VA 24401, within the Staunton & Harrisonburg submarket, Augusta County. This is a single-tenant property with no elevators. The cross street is Benton Blvd.
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Michael Walters - Truist Mortgage Loan Officer Loan Service Bank
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 · Staunton, VAStaunton. 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.