2701 Stuarts Draft HwyStuarts Draft, VA 24477

  • Industrial properties
  • 12,376 SF
For Sale
$835,000 View listing

Property Details for 2701 Stuarts Draft Hwy

Year built
1959
Lot size
0.40 AC
Property size (Sq ft)
12,376 SF
Zone code
GENERAL BUSINESS
Property type
Industrial properties
Property subtype
Other warehouses
APN
084A 5 57A
APU
084A557A

Description

This exceptional 17,000-square-foot flex/warehouse property in Stuarts Draft, Virginia, presents a compelling investment opportunity. Located at 2701 Stuarts Draft Highway, this strategically positioned industrial space sits on a 1.18-acre lot, boasting excellent visibility and frontage on Route 340. The building, constructed in 1959, features a durable metal roof and is zoned for General Business use, offering versatility for a range of commercial applications. Its convenient location offers high visibility, situated directly across from a Walgreens and near a newly constructed Starbucks, ensuring significant foot traffic and brand recognition. The property's substantial size provides ample space for warehousing, manufacturing, or flex-use operations. Currently occupied by a short-term tenant, this presents an ideal chance for immediate income generation or future redevelopment. The property's solid construction and prime location make it an attractive prospect for both investors and businesses seeking a well-established presence in a thriving area. The Augusta County address, with a 24477 zip code, provides easy access to major transportation routes, further enhancing its appeal. Detailed information is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,371,596
    Hospitality
    $3,088,364
    Educational
    $2,569,482
    Medical
    $2,657,851
    Retail
    $3,996,973
2701 Stuarts Draft Hwy, Stuarts Draft, Virginia

Location Insight

City
Stuarts Draft
County
Augusta
State
Virginia
Latitude
38.0347
Longitude
-79.0333
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
2024
$1,397
$149,400
$324,300
$473,700
-
$149,400
$324,300
$473,700

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