For Sale
$950,000

1105 Millwood PikeWinchester, VA 22602

1.38-acre lot, prime retail location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.38-acre commercial land parcel, located at 1105 Millwood Pike in Winchester, Virginia (zip code 22602), presents a unique investment opportunity. The property, identified by APN 64A4-6 & 7, is zoned GB and boasts a highly visible location overlooking a thriving retail area anchored by Costco. Measuring approximately 200 feet wide by 300 feet deep, the site benefits from exceptional daily traffic counts of 21,000 vehicles on Millwood Pike, providing unparalleled exposure for any commercial development. Convenient access to Interstate 81 further enhances its strategic position. Comprehensive due diligence materials are available, including a geotechnical report, Phase 1 environmental study, and a full ALTA survey. Winchester is experiencing robust population growth, projected at 12.7% over the next decade, making this a particularly attractive investment in a rapidly expanding market. The city's diverse economy encompasses retail, restaurants, service industries, healthcare (anchored by Winchester Medical Center), and education (Shenandoah University). Winchester's strategic location in the Shenandoah Valley, with easy access to major interstates (I-81 and I-66) and state highways, provides seamless connectivity to major eastern markets, including Washington, D.C. (74 miles) and Baltimore (97 miles). This property offers significant potential for a variety of commercial uses, capitalizing on the strong existing infrastructure and the area's impressive growth trajectory. The asking price is $950,000.

Highlights

  • 1.1.38-acre commercial lot at 1105 Millwood Pike, Winchester, VA 22602 (APN 64A4-6 & 7).
  • 2. Zoned GB, highly visible location overlooking Costco, with 21,000 daily vehicle counts on Millwood Pike.
  • 3. Excellent access to I-81.
  • 4. Due diligence materials available (geotechnical report, Phase 1 environmental, ALTA survey).
  • 5. $950,000 asking price.

Property Details for 1105 Millwood Pike

Property type
Retail properties, Office properties
Lot Size (sq. ft)
60,113 SF

Location Insight

City
Winchester
County
Frederick
State
Virginia
Latitude
39.159165097401
Longitude
-78.150558653937
1105 Millwood Pike, Winchester, Virginia

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1105 Millwood Pike
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