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Investment Highlights

  • Active Salvage Yard License included with the sale, offering immediate operational capability.
  • Approximately 17 acres of commercially zoned land suitable for retail, office, or mixed-use development.
  • Located within a well-established commercial corridor with convenient access to major highways and regional amenities.
  • Combined tax assessment for the four parcels totals $7.8 million, reflecting substantial underlying value.
  • Prominent frontage along George Washington Memorial Highway with strong traffic exposure.
  • Flexible redevelopment potential in a market with sustained growth and demand for commercial uses.

Executive Summary

A key feature of this sale is the inclusion of an active Salvage Yard License, which provides immediate operational potential for automotive or recycling businesses. Additionally, the combined tax assessment for the four parcels stands at $7.8 million, underscoring the property’s significant value and development potential.

Property Facts

Price $13,678,401 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Multifamily
Total Lot Size 17.00 AC
No. Stories 1
Zoning GENERAL BU

1 Lot Available

Lot

Price $13,678,401 CAD
Price Per AC $804,611.80 CAD
Lot Size 17.00 AC

The property spans multiple parcels totaling approximately 17 acres and is currently zoned for general business use, accommodating a range of commercial applications such as retail, office, or mixed-use development.

Description

This offering includes a substantial land parcel along George Washington Memorial Highway in Yorktown, Virginia, presenting a unique opportunity for redevelopment or continued use. The property spans multiple parcels totaling approximately 17 acres and is currently zoned for general business use, accommodating a range of commercial applications such as retail, office, or mixed-use development. A key feature of this sale is the inclusion of an active Salvage Yard License, which provides immediate operational potential for automotive or recycling businesses. Additionally, the combined tax assessment for the four parcels stands at $7.8 million, underscoring the property’s significant value and development potential. The site benefits from excellent visibility and accessibility along a major regional corridor, with proximity to key transportation routes and established commercial activity. This location offers strong connectivity to surrounding business districts and residential communities, making it a compelling choice for investors and developers seeking a high-traffic, adaptable property in a growing market.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
S03D-4316-2302
Land Assessment
$4,014,586 CAD
Improvements Assessment
$163,647 CAD
Total Assessment
$4,178,233 CAD
  • Listing ID: 39768933

  • Date on Market: 2026-03-13

  • Last Updated:

  • Address: 2312 George Washington Memorial Hwy, Tabb, VA 23693

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