6704 James Madison Hwy, Haymarket, VA 20169
This exceptional 39-acre development site in Haymarket, Virginia, presents a compelling investment opportunity. Located at 6704 James Madison Hwy, 20169, this property boasts a prime location, offering unparalleled access to major transportation arteries including Route 15, I-66, and Route 55, ensuring convenient commutes to regional airports and commuter rail lines. The site is strategically positioned adjacent to the Haymarket Village Center and the retail corridor linking Haymarket to Gainesville, placing it within close proximity to a thriving commercial hub. Furthermore, its proximity to a new road, a planned 400+ home development, and the recently opened Home Depot, Walmart, and Sheetz, guarantees high visibility and strong potential for future growth. The property includes 4 acres within the Town of Haymarket and 35 acres in Prince William County. A site plan has already been approved for a 307,773 square foot buildable area, making this a turn-key opportunity for a variety of development projects, including affordable housing, residential, or mixed-use developments. The property's location near a new hospital further enhances its appeal. This is a rare chance to acquire a significant parcel of land with exceptional development potential in a rapidly growing area. The asking price is $39,999,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Costs & Benchmarks
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Risks
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