850 Shenandoah Village DrWaynesboro, VA 22980

  • Land
  • 0.67 AC
For Sale
$900,000 View listing

Property Details for 850 Shenandoah Village Dr

Lot size
0.67 AC
Zone code
H-B
Property type
Land
Property subtype
Commercial land
APN
60 2 - B2E
APU
602B2E

Description

This exceptional 0.67-acre commercial land parcel, located at 850 Shenandoah Village Dr in Waynesboro, Virginia (zip code 22980), presents a unique investment opportunity. Priced at $900,000, this property boasts a highly desirable location within the Waynesboro Town Center, offering unparalleled accessibility. Its proximity to Interstate 64 ensures high visibility and convenient access for customers and employees. The site is just minutes from downtown Waynesboro, providing easy access to local amenities and a thriving community. The seller is also open to leasing the property for $100,000 per year. This versatile lot is suitable for a variety of commercial uses, including restaurants, offices, and retail stores. A significant advantage is the shared access to 51 total parking spaces with an adjacent Taco Bell, ensuring ample parking for patrons. Furthermore, recent Virginia Department of Transportation (VDOT) improvements have enhanced the surrounding area. These improvements include upgrades to the nearby park and ride facility and the completion of roadwork along the property's side, culminating in a new sidewalk connecting the park and ride to Shenandoah Village Drive. Public water and sewer services are readily available. The property's strategic location, coupled with these recent infrastructure enhancements, makes it an ideal site for a thriving commercial venture. Detailed photos are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,950,875
    Hospitality
    $7,282,959
    Educational
    $6,059,336
    Medical
    $6,267,726
    Retail
    $9,425,634
850 Shenandoah Village Dr, Waynesboro, Virginia

Location Insight

City
Waynesboro
County
Waynesboro City
State
Virginia
Latitude
38.0588
Longitude
-78.9433
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
$4,285
$556,500
-
$556,500
-
$556,500
-
$556,500

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