2715 Main StWaynesboro, VA 22980

  • Commercial real estate
  • 77,963 SF

Property Details for 2715 Main St

Year built
1978
Construction
LIGHT FRAME
Lot size
13.09 AC
Property size (Sq ft)
77,963 SF
Zone code
H-B
Property type
Commercial real estate
APN
21 1 - 64A
APU
21164A

Description

Waynesboro Plaza, located at 2715 W Main St, Waynesboro, VA 22980, offers exceptional retail leasing opportunities. This multi-tenant commercial property boasts a total of 76,520 square feet, with 5,905 square feet currently vacant and available for lease. Units range in size from a minimum of 1,905 square feet to a maximum contiguous space of 4,000 square feet, providing flexibility for various business needs. The property is ideally situated in Waynesboro, Virginia, offering excellent visibility and accessibility. Ample parking is available for tenants and customers, with a total of 459 parking spaces. The property's classification is retail commercial, making it suitable for a wide range of retail businesses. This prime location in Waynesboro County presents a unique opportunity for businesses seeking high-traffic exposure and a strong customer base. Interested parties are encouraged to inquire about available space and lease terms. The property is currently listed for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,030,100
    6.5%
    $19,412,400
    7%
    $18,025,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,587,900
    Geo Method
    $15,587,900
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $37,541,500
    Retail / Commercial
    $19,383,600
    Mixed-Use / Specialty
    $19,419,000
    Hospitality / Lodging
    $14,383,100
    Office
    $19,412,400
    Institutional / Educational
    $20,225,300
    Residential Income
    $23,663,600
    Multifamily
    $27,801,700
    Automotive / Energy
    $17,335,900
    Parking / Income-Based Land
    $5,879,220
    Restaurant / Food Service
    $10,322,900
    Healthcare / Senior Housing
    $19,806,700

Location Insight

City
Waynesboro
County
Waynesboro City
State
Virginia
Latitude
38.0824
Longitude
-78.9267
CBSA code
44420
CBSA name
STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,157
$2,270,900
$1,385,800
$3,656,700
-
$2,270,900
$1,385,800
$3,656,700

FAQs

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