Property profile

8782 Winchester Rd Front Royal, VA 22630

OFF-MARKET
Other land
Property ID
US87-1893078
5 ac lot
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Property summary

AI-generated overview

The property is a 5-acre commercial site in an established commercial area and is planned with multiple retail and mixed-use components. The fully approved site concept includes space for a proposed 6-unit strip retail center on the first floor with general office space on the second floor, for a total of 15,600 square feet of gross floor area and 95 parking spaces; it also includes a proposed 2-story retail/office building totaling 12,000 square feet of gross floor area with 64 parking spaces, and a proposed one-story restaurant pad totaling 6,000 square feet of gross floor area with 82 parking spaces. The site is platted/approved under existing plans, with the ability for plan modifications, and the parking layouts shown exceed stated requirements. The site is located less than one mile from the I-66 and 340/522 exit interchange and is on the same street as retailers and service businesses including Lowe’s, Walmart, 84 Lumber, Royal Farms, and Starbucks, as well as nearby hotels, restaurants, and car dealerships.

Property profile

Verified
Property type Other land
Lot 5 ac (217,800 SF)
UPID US87-1893078

Cap rate & NOI

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

Location

8782 Winchester Rd Front Royal, VA 22630
Front Royal metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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