Blue Mountain Industrial Mega Site

Vacant Land for Sale
Catylist Listing ID: 30326039
Property Subtypes: Industrial
Gross Land Area: 530 Acres
Sale Price: $11,700,000
Unit Price: $22,075 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/10/2019

Overview / Comments

The Blue Mountain site is located in the northeastern part of Augusta County, adjacent to the Shenandoah Valley Regional Airport. Primary access to the site comes directly from State Route 256/Weyers Cave Road. The site consists of approximately 530 acres of land with only one land owner – Blue Mountain Properties. Currently, the zoning on the site is Industrial and Airport Commercial (B-2 & I-1) which allows for industrial development and commercial use.

From an industrial development perspective, the Blue Mountain site has excellent overall size, is located adjacent to a regional airport and has already been rezoned with a negotiated price on the entire site. In evaluating the site for its industrial buildout potential, approximately 3,600,000 SF was estimated to fit onto the site within the given developable land constraints. The resulting yield of approximately 6,800 SF/Acre is excellent for the region, landing the Blue Mountain site in the top bracket for industrial and commercial sites.

Attachments & Media

Additional Details

Nearest MSA: Staunton-Waynesboro
County: Augusta
Taxing Authority: Augusta County
Tax ID/APN: 028 7C, 028 43, 028 44B, 028 41, 028 41C
Property Located Between: Adjacent to Shenandoah Valley Regional Airport
Rail Access: Yes
Airports: Shenandoah Valley
Topography: Rolling
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,821 4,206 10,104
Median Age: 34.42 38.5 40.82
Households: 1,003 1,558 3,846
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