Exciting Industrial Development Opportunity

7165 Valley Pike Middletown, VA 22645

7165 Valley Pike, Middletown, VA, 22645
7165 Valley Pike, Middletown, VA, 22645
FOR SALE
Property Type:
Other Land
Amount:
$3,250,000
Last Verified:
Aug 28, 2020

Highlights

  • Highly visible location with easy access to I-81 and I-66
  • Property is situated between I-81 and Rte. #11 with 2,300 linear feet of highway frontage
  • Topography is flat to gently rolling for ease of development
  • Public utilities are available to the site
  • Seller is willing to have property rezoned to Industrial with an acceptable offer
  • Price recently reduced, now offered at $32,178 per acre

Description

Highly desirable location, one mile north of I-81, Exit 302, Middletown, Virginia. Approximately three miles from I-66 with close proximity to the Virginia Inland Port in Front Royal. The 101-acre development site is flat to gently rolling topography situated between I-81 and Rte. #11 for high visibility and easy access. The property has 2,300 linear feet of frontage along Rte. #11, adjacent to Lord Fairfax Community College, which could be a benefit from vocational programs to support workforce needs. Currently zoned RA, but the Frederick County Comprehensive plan calls for the site to be zoned Industrial. Seller is willing to have the property rezoned to Industrial upon acceptance of a valid offer from qualified Buyer. Public water, sewer, natural gas, fiber optics and three-phase electrical power are available to the site. Very desirable location, and recent price reduction make this site worthy of further investigation.

Middletown is situated at the south end of Frederick County, VA. This storied town is home to the historic Wayside Inn and Theater, Cedar Creek Battlefield and Lord Fairfax Community College. Middletown retains that very small town atmosphere, yet is just one hour west of the urban concentration of Northern Virginia and Washington, DC via Interstate 66. Several significant commercial enterprises which include Fisher Diagnostics, Stowe Woodward and AT&T give a strong basis for economic stability and local employment. Middletown is bordered on the East by Interstate 81.

Lot Size: 101.25 acres

Map of 7165 Valley Pike, Middletown, VA, 22645

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.