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0 Kendrick Ln - Avtex Redevelopment Land Opportunity 112.89 Acres of Commercial Land Offered at $9,005,778 CAD in Front Royal, VA 22630
INVESTMENT HIGHLIGHTS
- EPA Superfund Approved for redevelopment
- Commercial entrance has been installed to the site
- Site is ready for immediate site development
- Centrally located in the Town of Front Royal
EXECUTIVE SUMMARY
I'm excited to share that SVN Commercial Specialists has been awarded the listing assignment to sell the 117.3-acre Royal Phoenix Commercial/Industrial site in Front Royal.
This property has been under the EPA Superfund's guidance for the past 40 years, undergoing extensive testing and mitigation of past contamination. It has now been approved for redevelopment, subject to certain restrictions.
The site features mostly flat topography and is bordered by rail along its southwestern edge. Notably, there are 240 acres west of the railroad that are protected by a conservation easement, ensuring they will not be developed in the future. An entrance road has already been installed from Kendrick Lane, making the property ready for redevelopment. We are open to considering all suitable uses, including wireless telecommunication facility, RD facilities, light manufacturing, warehousing and distribution, recycling, contractor offices and facilities, and lumber and building supply, among other unrestricted options. Final use determination must be approved by the Town of Front Royal
The site is zoned MCD equipped with public water, sewer, and natural gas. It is priced at $55,000 per acre to facilitate immediate redevelopment.
This property has been under the EPA Superfund's guidance for the past 40 years, undergoing extensive testing and mitigation of past contamination. It has now been approved for redevelopment, subject to certain restrictions.
The site features mostly flat topography and is bordered by rail along its southwestern edge. Notably, there are 240 acres west of the railroad that are protected by a conservation easement, ensuring they will not be developed in the future. An entrance road has already been installed from Kendrick Lane, making the property ready for redevelopment. We are open to considering all suitable uses, including wireless telecommunication facility, RD facilities, light manufacturing, warehousing and distribution, recycling, contractor offices and facilities, and lumber and building supply, among other unrestricted options. Final use determination must be approved by the Town of Front Royal
The site is zoned MCD equipped with public water, sewer, and natural gas. It is priced at $55,000 per acre to facilitate immediate redevelopment.
PROPERTY FACTS
| Price | $9,005,778 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 112.89 AC |
| Property Type | Land | ||
| Zoning | MCD | ||
| Price | $9,005,778 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 112.89 AC |
| Zoning | MCD |
1 LOT AVAILABLE
Lot
| Price | $9,005,778 CAD | Lot Size | 112.89 AC |
| Price Per AC | $79,774.81 CAD |
| Price | $9,005,778 CAD |
| Price Per AC | $79,774.81 CAD |
| Lot Size | 112.89 AC |
EPA Superfund Approved for redevelopment Site is ready for immediate site development Commercial entrance has been installed to the site Centrally located in the Town of Front Royal
1 1
PROPERTY TAXES
| Parcel Number | 20A1 3 7 | Improvements Assessment | $0 CAD |
| Land Assessment | $4,966,126 CAD | Total Assessment | $4,966,126 CAD |
PROPERTY TAXES
Parcel Number
20A1 3 7
Land Assessment
$4,966,126 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,966,126 CAD
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0 Kendrick Ln - Avtex Redevelopment Land Opportunity
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