Commercial Land

Vacant Land for Sale
Catylist Listing ID: 30810460
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 4.63 Acres
Sale Price: $549,000
Unit Price: $118,574 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/12/2022

Overview / Comments

RARE opportunity to own an undeveloped commercial land parcel in the Town of Orange. Located directly off US-15 South, James Madison Highway, this 4.63-acre property is zoned RC and has approximately 392 feet of road frontage. Per VDOT the annual average daily traffic for this section of US-15 is 11,000 vehicle trips. PRIME exposure for a business. The RC general commercial zoning code provides for a wide range of uses. This property is also being offered as a half parcel. Your client may pick the Northern or Southern 2.32 more or less acres. We have it listed as a separate listing in the MLS.

Additional Details

Nearest MSA: Charlottesville
County: Orange
Submarket Type: Central Business District
Tax ID/APN: 0440000000027A
Zoning: RURAL COMMERCIAL
Property Located Between: Town of Orange
Property Visibility: Excellent
Legal Description: 44-27e, Bind, Pm#180001672 Q-63, Db#110001476, Lot 1 on Plat
Largest Nearby Street: Rt 20
Feet of Frontage: 392
Traffic/Vehicle Count: 11,000

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,547 8,215
Median Age: 42.14 41.74
Households: 2,522 3,144

Contact

Photograph of Listing Agent

Donna Waugh-Robinson

Jack Samuels Realty
CVCMLS Member
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