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616 Cedar Creek Ln

1.33 Acres of Commercial Land Offered at £230,823 in Winchester, VA 22601

Executive Summary

Conventional/medical office development parcel with excellent exposure and accessibility. Zoned RO-1. Two parcels totaling 1.00 acres with 14K traffic count. Multiple development concept schemes laid out with a variety of building configurations and sizes(see documents). Other schemes possible. Site plan approval required by City of Winchester. Owner is commercial building contractor and flexible in terms of deal structure including possible build to suit own or lease, or joint venture. Other possible uses include small church, pharmaceutical center, funeral home, or small private school. Bank possible with conditional use permit. Great opportunity for possible end user or developer. Offered at less than nearby comparables. $295,000.

Property Facts

Price £230,823
Sale Type Investment or Owner User
Sale Conditions Design & Build
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Office
Total Lot Size 1.33 AC

1 Lot Available

Lot

Price £230,823
Price Per AC £173,551
Lot Size 1.33 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
250-01-4
Land Assessment
£78,245
Improvements Assessment
£0
Total Assessment
£78,245

zoning

Zoning Code RO-1 (One-Family Residential zoning district that allows single-family homes and their accessory uses, such as garages and pools.)
RO-1 (One-Family Residential zoning district that allows single-family homes and their accessory uses, such as garages and pools.)
  • Listing ID: 28193060

  • Date on Market: 10/04/2023

  • Last Updated:

  • Address: 616 Cedar Creek Ln, Winchester, VA 22601

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