Graded and Utility-Ready: The lot is fully graded and equipped with all utilities, making it immediately ready for development.
Flexible Use: Ideal for a split-level retail and/or office complex to serve the surrounding student and residential population.
Prime Location:
- Less than 2 miles from Sentara RMH Medical Center.
- Two-thirds of a mile from James Madison University’s main campus, with JMU’s Athletic Park directly across the road.
- Over 12,000 student housing beds within a 1-mile radius.
- Easy access, only 2,500 feet from I-81 Exit 245.
High Visibility: Positioned on Port Republic Road, with 24,000 vehicles per day providing excellent exposure.
Nearby Amenities: Located near Food Lion, Orange Theory, Tropical Smoothie, McDonald's, ABC Store, Vito's Pizza, Dunkin' Donuts, and other local businesses.
Zoning and Pricing: Zoned B2 with a height restriction of 25 feet. Priced at $1,500,000 with a 2% broker's commission.
This property offers exceptional potential for developers and investors looking to capitalize on its strategic location and ready-to-build condition. Contact us for more information or to schedule a viewing.