Property Attributes
- MLS#VAPA2002982
- TypeLand
- CountyPAGE
- CityLuray
- Zip22835
- StyleResidential
- Taxes$ 3121
- Price$ 1,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size9.23 Acres
Data Source:
Bright MLS
Property Description
Arlington Realty, Inc. / Virginia Smith as exclusive agent, is pleased to offer the opportunity to purchase a Prime commercial development site. Excellent location near downtown Luray with approx. 695 ft. of frontage along busy Lee Hwy. (Route 211 W. / Route 340) - a major commercial corridor with heavy vehicle traffic that runs through downtown Luray. Flexible C-1 zoning allows for many potential commercial uses including retail, restaurant, auto repair, veterinary, office, fitness center, self-storage, and many more. The surrounding area has experienced a surge in recent growth and development, with many large national tenants occupying buildings along the Lee Hwy. corridor, including Walmart, Food Lion, Tractor Supply Co., CVS, Dollar General, McDonalds, Burger King, Taco Bell, Advance Auto, AutoZone, Truist Bank, Dunkin Donuts, along with many local tenants and businesses. Existing improvements include five single-family houses that are all vacant. All houses share one well for water supply. Potential to petition the Town of Luray for approval to extend public water/sewer to the site - contact Broker for details. Property conveys in as-is condition.
Price History | |
---|---|
11/27/2023 | Listed $1,000,000 |
General Features
Sewer | On Site Septic |
---|---|
Utilities | Electric Available |
Possession | Settlement |
Zoning | C-1 |
Property SubType | Land |
Tax Year | 2023 |
Current Use | Residential |
Percent Ownership | Fee Simple |
Additional Parcels Description | 41-A-99,41-A-98,41-A-97,41-A-96 |
County | PAGE |
Property Type | Land |
HOA / Comm Assn | No |
Subdivision Name | NONE AVAILABLE |
Possible Use | Automotive,Bar/Tavern/Lounge,Barber/Beauty,Beer/Wine/Liquor,Car Wash,Church,Clothing,Commercial,Convenience Store,Day Care,Development,Dry Cleaner,Financial,Flex Space,Florist/Nursery,Food & Beverage |
Water Access Y/N | No |
Status | ACTIVE |
Directions | From DC: I-66 west,to VA-55 west,to US-340 south,to US-340 north / US Hwy 211 west. Property is located across Hwy 211 west from the Food Lion shopping center. |
ModificationTimestamp | 2024-04-30T01:08:05 |
City | LURAY |
Buyer Agent Compensation | 2 |
Zoning Description | Commercial |
Lot Size Square Feet | 402058.80 |
Tax Assessed Value | 422400.0 |
Waterfront Y/N | No |
Street Name | US HIGHWAY 211 |
Tax Annual Amount | 3121.0 |
Condo/Coop Association Y/N | No |
Clean Green Assessed Y/N | No |
Price Per Sq Ft | 2.49 |
Additional Parcels Y/N | Yes |
Vacation Rental Y/N | No |
Days on Market | 156 |
Standard Status | Active |
Tax Lot | 97 |
Buyer Agent Compensation Type | % Of Gross |
Exterior Features
Lot Features | Additional Lot(s) |
---|---|
Water Source | Well-Shared |
Land Use Code | 21 |
Water View Y/N | No |
Lot Size Acres | 9.23 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool