Address
940 Cedar Creek Grade Winchester, VA
Price
$ 1,650,000
Property Attributes
  • MLS#VAWI115056
  • TypeLand
  • CountyWINCHESTER CITY
  • CityWinchester
  • Zip22601
  • StyleVacant
  • Taxes13883
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7.71 Acres
Listing Provided Courtesy Of:
Greenfield & Craun Commercial
Data Source:
Bright MLS
Property Description

MULTIFAMILY OR MEDICAL DEVELOPMENT LAND FOR SALE. 7.7 ACRES, CITY OF WINCHESTER. Developers and Brokers for Developers - very hard to find a multifamily opportunity this size; located as the western-most parcel in City of Winchester on Cedar Creek Grade, walking distance to the Valley Avenue CVS, one mile from Rt. 37 Bypass, ONE EXIT to Winchester Medical Center. Previously approved for 132 units and 12,342 SF of commercial and currently approved for a 120 bed assisted living facility/medical campus. Developers can revisit the previous multifamily plan, proceed with the current assisted living/medical campus plan, or redesign for their own commercial and/or multifamily plans. Currently zoned B2 with a CUP overlay with all utilities to site. Property conveys with over $150K in engineering drawings. Clean site, surrounded by high end single family and multifamily, adjacent to future Willow Run. Priced at $1,650,000, includes all engineering.

Price History
9/12/2020 Listed $1,650,000

General Features

Additional Parcels Y/N No
Association Y/N No
County WINCHESTER CITY
Current Use Vacant
Days on Market 234
High School District WINCHESTER CITY PUBLIC SCHOOLS
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 4.91
Property SubType Land
Property Type Land
Sewer Public Hook/Up Avail
Tax Annual Amount 13883.0
Tax Year 2020
Utilities Sewer Available, Water Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning B2
Zoning Description B2 allows for a CUP overlay to be approved for multifamily

Exterior Features

Lot Size Acres 7.71
Lot Size Source Assessor
Lot Size Square Feet 335743.00
Navigable Water Y/N No
Water Oriented Y/N No
Water Source Public Hook-up Available
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 22601

Price
AVG $560K
$1.65M
Taxes
AVG $8,621
$13,883
Visits
AVG 72
165
Walkscore
AVG 39
44
Data Provided by Walkscore ® not using MLS data

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