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0 Winchester Rd Rd

66.84 Acres of Commercial Land Offered at £1,422,018 in Front Royal, VA 22630

Investment Highlights

  • Heavy traffic, high growth rate, vacant land, future use commercial, zoned agricultural, multiple water source, farmland, road frontage

Executive Summary

This property is currently zoned agricultural and only cattle graze the fields. The future use is commercial. An agreement exists with the Town of Front Royal that if rezoned to commercial use only, the town will allow public water/sewer hook up. Property is in land use and buyer would be responsible for any roll-back taxes, if removing out of land use.

Property Facts

Price £1,422,018
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 66.84 AC

1 Lot Available

Lot 32

Price £1,422,018
Price Per AC £21,275
Lot Size 66.84 AC

This sprawling 66.84 acre property boasts a prime location along the highly trafficked US RTE 340/522 corridor, which has been experiencing major growth in recent years. Currently zoned agricultural, but the property's FUTURE USE is Commercial.

Description

This sprawling 66.84 acre property boasts a prime location along the highly trafficked US RTE 340/522 corridor, which has been experiencing major growth in recent years. Currently zoned agricultural, the property's FUTURE USE is Commercial, making it an ideal investment opportunity for businesses looking to capitalize on this area's bustling economy. With almost 800 feet of road frontage on US RTE 340/522, this property offers unparalleled visibility and accessibility. Additionally, the town has agreed to provide water and sewer hookups if the property is rezoned to Commercial ONLY, making it even more attractive for commercial use. The property features two access points, one off 340/522 and the other off Ritenour Hollow Rd, and boasts several amenities including pastures, two streams (Molly Camel Run & Crooked Run), and several old barns. One of the most impressive features of this property is the SPECTACULAR views on upper field, offering a breathtaking backdrop for any future development. Currently, only cattle graze this property, ensuring a clean slate for any potential buyer's vision. It's important to note that the property is currently in land use, resulting in low taxes. However, the buyer would be responsible for any roll back taxes. A Transmission Line Easement on the property and some of the rear property, along the creek, is also present, as well as sewer vents on field 2. Lastly, it's important to be aware that a portion of the rear property is located in a flood zone. Overall, this property is a rare opportunity to own a large parcel of land in a highly desirable commercial area. With its prime location, versatile zoning potential, and natural amenities, it's a blank canvas ready for any buyer's imagination.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-32
Land Assessment
£1,081,050
Improvements Assessment
£0
Total Assessment
£1,081,050

zoning

Zoning Code C (Currently zoned A but future use is Commercial)
C (Currently zoned A but future use is Commercial)
  • Listing ID: 28676158

  • Date on Market: 06/06/2023

  • Last Updated:

  • Address: 0 Winchester Rd Rd, Front Royal, VA 22630

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