Asking Price Contact for pricing
Sq. Footage N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 0

Property Description

(2) separate +/- 30 ac sites (Total 57 ac) in Virginia

Investment Highlights

Holliday Fenoglio Fowler, L.P. ("HFF"), a Virginia licensed real estate broker, has been retained as the exclusive sales representative for Lake Frederick Land (the "Property"), a ±57 gross acre mixed-use development opportunity in the foothills of the Virginia Blue Ridge Mountains along the shores of Lake Frederick (117-acre lake). The site is located adjacent to the master planned community with plans for 2,130 approved homes (approximately 940 built to-date), which is a key value driver. The Property is a unique offering with the scenic landscape of the Shenandoah Valley and the many leisure activities available right outside their door. Major interstates I-66 and I-81 are less than five miles away, providing excellent connectivity to more urban areas, while preserving the tranquility of the area. This offering includes two different properties. The ±30-acre site in Frederick County is zoned for dense commercial including senior living, office, retail, and other commercial uses. The site conditions are fair, and utilities are available at the site. The ±27-acre site in Clarke County is zoned AOC (Agricultural, Open Space, Conservation) and allows for one single-family dwelling and any other use allowed in agricultural zoning by right.
Sarah Godwin
Sarah Godwin
Director
Licensed in
270966;108916
Brian Crivella
Brian Crivella
Managing Director

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