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9.23 Acres Lot
$ 1,000,000
Est. payment | /mo
9.23 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID VAPA2002982
Annual Tax Amount $3,121
Tax Year 2023
Lot Size 9.230 Acres
Acres 9.23
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.
Location
State VA
County Page
Area Page
Zoning C-1 Commercial
Building
Sewer Septic Tank
Water Shared Well
Listed by Arlington Realty, Inc.
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