5 months on rocket

1819 US Highway 211 W, Luray, VA, 22835

$1,000,000

9.23 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #VAPA2002982
Lot Size9.23 Acres
StatusActive

About 1819 US Highway 211 W

Arlington Realty, Inc. / Virginia Smith as exclusive agent, is pleased to offer the opportunity to purchase a Prime commercial development site. Excellent location near downtown Luray with approx. 695 ft. of frontage along busy Lee Hwy. (Route 211 W. / Route 340) - a major commercial corridor with heavy vehicle traffic that runs through downtown Luray. Flexible C-1 zoning allows for many potential commercial uses including retail, restaurant, auto repair, veterinary, office, fitness center, self-storage, and many more. The surrounding area has experienced a surge in recent growth and development, with many large national tenants occupying buildings along the Lee Hwy. corridor, including Walmart, Food Lion, Tractor Supply Co., CVS, Dollar General, McDonalds, Burger King, Taco Bell, Advance Auto, AutoZone, Truist Bank, Dunkin Donuts, along with many local tenants and businesses. Existing improvements include five single-family houses that are all vacant. All houses share one well for water supply. Potential to petition the Town of Luray for approval to extend public water/sewer to the site - contact Broker for details. Property conveys in as-is condition.

Property Details

Property Features

Listing Office:

  • Office Name: Arlington Realty, Inc.
  • Listing Agent: Virginia Smith

Lot Features

Lot Information:

  • Lot Size: 9.23 Acres

Other

Directions Information:

  • Directions: From DC: I-66 west, to VA-55 west, to US-340 south, to US-340 north / US Hwy 211 west. Property is located across Hwy 211 west from the Food Lion shopping center.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000

Tax Information:

  • Annual Amount: $1,134
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Luray, VA.

Med. Sold Price

$265.2K

Med. Price/SqFt

$192

Avg. Days On Market

35

# of Sold Homes

21

1819 US Highway 211 W vs Luray

170 DAYS ON ROCKET

+135 Days

$1,000,000

+$734.7K More

KEY TAKEAWAY

This property is $734.7K more than the Median Sold Price in Luray, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #VAPA2002982

Listing Office:

  • Office Name: Arlington Realty, Inc.
  • Listing Agent: Virginia Smith

IDX Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Copyright © 2024 Charlottesville Area Association of Realtors®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 6:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,134$155,300
2020$1,094$149,900
2019$1,094$149,900
2018$1,049$149,900
2017$989$149,900

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1649974
5
/10
  • Luray Elementary School

  • 555 1st St

  • 2.30 miles

  • Public District Grades PK-5

school-card-donut-1649975
6
/10
  • Stanley Elementary School

  • 306 Aylor Grubbs Ave

  • 5.60 miles

  • Public District Grades PK-5

school-card-donut-1649976
7
/10
  • Springfield Elementary School

  • 158 Big Spring Ln

  • 6.29 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,000. The majority of Luray, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1819 US Highway 211 W

What is the listing price of this property?

The listing price of 1819 US Highway 211 W property is $1,000,000.

What type of property is this?

The property 1819 US Highway 211 W is land located in Luray, Virginia, 22835.

Is this property for sale now?

Active Listing: 1819 US Highway 211 W is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,134 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1819 US Highway 211 W is 9.23 acres.
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Rocket HomesVirginiaPage CountyLuray228351819 US Highway 211 W

This home is located at 1819 US Highway 211 W in Luray, VA and zip code 22835. This home sits on a 9.23 acre lot. It has been listed on Rocket Homes since November 27, 2023 and is currently priced at $1,000,000.

Luray, VA housing market in April 2024 saw over 7 listings sold above listed price, more than 4 sold at listed price and over 10 sold below. The inventory of homes for sale in Luray, VA between March 2024 and April 2024 increased by 20.3%. In April 2024 median list price was $265,270 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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