2 Acres | Commercial Property | I-81 Exit 245 | Close to JMU
Located in the Heart of JMU Student Housing, Great Visibility, Traffic & Retail Opportunity
Marketing description
For Sale: Prime Commercial Lot – 2 Acres on Port Republic Road
This fully graded 2-acre lot, complete with all utilities, is development-ready for a split-level retail or office complex. Located in a high-demand area, this property offers a unique opportunity for businesses to thrive.
Property Highlights:
Lot Features: Fully graded and access to all utilities.
Development Potential: Ideal for a split-level retail or office complex.
Strategic Location:
Less than 2 miles from Sentara RMH Medical Center.
Two-thirds of a mile from James Madison University's main campus.
Directly across from JMU's Athletic Park.
Within walking distance of over 12,000 student housing beds.
2,500 feet from I-81 Exit 245.
High visibility with 27,000 vehicles per day on Port Republic Road.
Nearby Amenities:
Food Lion, Orange Theory, Tropical Smoothie, McDonald’s, ABC Store, Vito’s Pizza, Dunkin’ Donuts, and other shops and services are in close proximity, adding convenience for potential customers.
Zoning and Details:
Zoning: B2 (Commercial).
Height Restriction: 25 feet.
Price: $1,500,000.
Broker’s Commission: 2%.
With its excellent location, ready-to-develop condition, and proximity to major destinations, this lot is an ideal investment for a commercial venture. Contact us today for more information.
Investment highlights
This 2-acre lot is fully graded, equipped with all utilities, and ready for immediate development. With its prime location, strong surrounding demographics, and high traffic visibility, the property is an excellent investment opportunity for a retail or office complex.
Investment Highlights:
Prime Location: Situated on Port Republic Road, less than two miles from Sentara RMH Medical Center and two-thirds of a mile from James Madison University’s main campus.
Strong Demographics: Over 12,000 student housing beds are located within a one-mile radius, ensuring a built-in customer base for retail or office tenants.
High Visibility:
Directly across from JMU’s Athletic Park, increasing foot and vehicle traffic.
Port Republic Road averages 27,000 vehicles per day.
Only 2,500 feet from I-81 Exit 245, providing excellent regional accessibility.
Development-Ready: Fully graded with utilities in place, the property is ideal for a split-level retail and office complex.
Nearby Amenities: Close to Food Lion, Orange Theory, Tropical Smoothie, McDonald's, ABC Store, Vito's Pizza, Dunkin’ Donuts, and other retail and dining options.
Zoning and Pricing: Zoned B2 for commercial use, with a height restriction of 25 feet. Listed at $1,500,000 with a broker's commission of 2%.
This property offers an unparalleled opportunity to capitalize on its strategic location and robust customer base. Contact us today for more details.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
