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1300 Richmond Ave - STAUNTON CROSSING - 50 ACRES DEVELOPMENT LAND

50 Acres of Commercial Land Offered at $6,250,000 in Staunton, VA 24401

Investment Highlights

  • $125k Per Acre
  • Zoning: B-2 (Retail)
  • I-81 = 58,000 AADT+ / Richmond Ave 26,000 AADT+
  • 50 Acres (Divisible)
  • Public Utilities
  • Shovel ready

Executive Summary

Staunton Crossing, 50 acres of prime B-2 divisible land ideal for retail development, is in a great location in rapidly growing Staunton, VA. This property is an ideal setting for retail and land investment opportunities and offers excellent transportation characteristics that make it accessible to businesses and customers alike. One of the key transportation features of Staunton Crossing is its almost 1-mile frontage on Interstate 81 at Exit 222 and its location at the intersection of I-81 and I-64. This central location provides easy access to major highways, making it an accessible location for businesses to transport goods and services in the heart of the Shenandoah Valley.

Property Facts

Price $6,250,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Hotel
  • Medical
  • Storefront, Retail or Residential
Total Lot Size 50.00 AC

1 Lot Available

Lot

Price $6,250,000
Price Per AC $125,000
Lot Size 50.00 AC

Staunton Crossing, 50 acres of prime B-2 divisible land ideal for retail development, is in a great location in rapidly growing Staunton, VA.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12412
Land Assessment
$6,925,800
Improvements Assessment
$0
Total Assessment
$6,925,800

zoning

Zoning Code B2 (General Business Zoning. Multiple uses allowed by right.)
B2 (General Business Zoning. Multiple uses allowed by right.)
  • Listing ID: 33626812

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 1300 Richmond Ave, Staunton, VA 24401

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