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Investment Highlights
- Offering two parcels at Lifecore Drive, Lot 9 and Lot 8, spanning 2 acres and 0.963 acres, respectively, between Waynesboro and Staunton.
- General Business (GB) zoning permits restaurants, breweries, offices, entertainment options, medical facilities, retail centers, and more.
- Secure land in a high-demand area, as approximately 1.9 million square feet of commercial real estate was delivered since 2022 within a 5-mile radius.
- Prepped for construction with public water and sewer readily available and an approved future cross easement with the development between the parcels.
- Mixed-use allowances provide immense flexibility to match locational factors like proximity to employers, universities, and travel arteries.
- Within five minutes of Interstates 64 and 81, only 10 minutes to Downtown Staunton, 30 minutes to Harrisonburg, and 35 minutes to Charlottesville.
Executive Summary
Seize this opportunity to acquire two development sites poised for long-term value within the emerging Staunton-Waynesboro market.
Situated along Lifecore Drive, these parcels are zoned General Business (GB) with public water and sewer available to streamline construction. Lot 9 is a 2-acre parcel with 200 feet of frontage, and Lot 8 is 0.963 acres with 150 feet of frontage. A medical facility for Virginia Retina Consultants sits between the parcels, and there is an approved future cross easement to connect Lot 9 and Lot 8. The zoning designation is one of the most broad in the county, permitting uses like office, food and beverage, healthcare, hospitality, retail, vehicle service, microbrewery, wholesale, and more.
The immediate area illustrates the exciting growth underway in this market, as new commercial and residential projects like Pinnacle Ridge Apartments, Wawa, and Fishersville Convenience Center are developed in the vicinity. Nearby employers, including the Augusta Health Medical Facility, an Amazon Fulfillment Center, and Mary Baldwin Murphy Demin College of Health Sciences grant excellent exposure to the local workforce. Connectivity is a major advantage for these sites as well, with Interstate 64 less than a mile away and Interstate 81 only 4.8 miles away, profoundly broadening connectivity.
Situated along Lifecore Drive, these parcels are zoned General Business (GB) with public water and sewer available to streamline construction. Lot 9 is a 2-acre parcel with 200 feet of frontage, and Lot 8 is 0.963 acres with 150 feet of frontage. A medical facility for Virginia Retina Consultants sits between the parcels, and there is an approved future cross easement to connect Lot 9 and Lot 8. The zoning designation is one of the most broad in the county, permitting uses like office, food and beverage, healthcare, hospitality, retail, vehicle service, microbrewery, wholesale, and more.
The immediate area illustrates the exciting growth underway in this market, as new commercial and residential projects like Pinnacle Ridge Apartments, Wawa, and Fishersville Convenience Center are developed in the vicinity. Nearby employers, including the Augusta Health Medical Facility, an Amazon Fulfillment Center, and Mary Baldwin Murphy Demin College of Health Sciences grant excellent exposure to the local workforce. Connectivity is a major advantage for these sites as well, with Interstate 64 less than a mile away and Interstate 81 only 4.8 miles away, profoundly broadening connectivity.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Purchase Agreement
Property Facts
| Sale Condition | Auction Sale | Status | Active |
| Type of Ownership | Fee Simple | Number of Properties | 2 |
| Sale Type | Investment | Total Land Area | 2.96 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Total Land Area | 2.96 AC |
Properties
| Property Name / Address | Property Type | Size |
|---|---|---|
|
Lot 9
Lifecore Dr, Fishersville, VA 22939 |
Land | 2.00 AC |
|
Lot 8
Lifecore Dr, Fishersville, VA 22939 |
Land | 0.96 AC |
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Sale Advisors
Sale Advisors
John Jay Schwartz,
Broker/President/Managing Director
John Jay Schwartz is a savvy businessman who makes decisions and completes projects that support revenue growth. John's unique talents include over 4 decades of strong relationship-building, negotiation and entitlement skills. He managed up to 60 projects concurrently. He is skilled in national rollouts; experienced in Tier I, II and III markets; and knowledgeable in all areas of commercial real estate support and execution.
John cuts to the chase and gets the deal done correct the first time. He doesn't sit on his hands and is always moving. It has been a pleasure working with him over the years.
John Jay Schwartz is representing 3 large land investor groups from assemblage to zoning / entitlements to infrastructure and development to marketing and sales and land development delivering the largest “Shovel Ready” industrial/commercial real estate site in Virginia.
John Jay Schwartz has consulted to a 150 year old private company on the repositioning of its vast real estate portfolio over a multi state region. The properties include vacant land, existing shopping centers, a 1 million square foot manufacturing conversion to office/warehouse, retail pad sites and the overall real estate strategy for the next generation of owners. John is also representing a host of retailers and restaurants in growing their brands, locations and franchise networks.
John Jay Schwartz recently served as exclusive in-house consultant to the national roll-out of Dominion Telecom Inc.'s electronic, telecommunication and support facilities. John successfully negotiated $300 million in leases, equipment and infrastructure (throughout the eastern United States Tier I, II & III cities) - including secure POPS, Regens, Nodes, Collocations, BELA, support facilities and a new Headquarters building - under a very tight and precise delivery time with multiple internal customer demands.
At a time when many companies face intense scrutiny by the public, stockholder and government entities, CEO's and CFO's need to watch their bottom line. John is a strategic thinker and hands on manager who consistently delivers results.
John cuts to the chase and gets the deal done correct the first time. He doesn't sit on his hands and is always moving. It has been a pleasure working with him over the years.
John Jay Schwartz is representing 3 large land investor groups from assemblage to zoning / entitlements to infrastructure and development to marketing and sales and land development delivering the largest “Shovel Ready” industrial/commercial real estate site in Virginia.
John Jay Schwartz has consulted to a 150 year old private company on the repositioning of its vast real estate portfolio over a multi state region. The properties include vacant land, existing shopping centers, a 1 million square foot manufacturing conversion to office/warehouse, retail pad sites and the overall real estate strategy for the next generation of owners. John is also representing a host of retailers and restaurants in growing their brands, locations and franchise networks.
John Jay Schwartz recently served as exclusive in-house consultant to the national roll-out of Dominion Telecom Inc.'s electronic, telecommunication and support facilities. John successfully negotiated $300 million in leases, equipment and infrastructure (throughout the eastern United States Tier I, II & III cities) - including secure POPS, Regens, Nodes, Collocations, BELA, support facilities and a new Headquarters building - under a very tight and precise delivery time with multiple internal customer demands.
At a time when many companies face intense scrutiny by the public, stockholder and government entities, CEO's and CFO's need to watch their bottom line. John is a strategic thinker and hands on manager who consistently delivers results.
Dawn Calabrese,
Senior Vice President
Dawn joined Divaris Real Estate in September 2021. Dawn offers a wide range of experience representing Landlords and Tenants, Buyers and Sellers in negotiating all property types including office, industrial, retail, land, and investment sales. Prior to joining Divaris,Real Estate, Dawn began her career with Cushman & Wakefield | Thalhimer focusing on industrial transactions over a career that has spanned over thirty years. Dawn has distinguished herself as an accomplished owner representative and expert in industrial leasing, sales and tenant representation with her decades of continuous active involvement representing some of Richmond’s largest Class A warehouse distribution and office warehouse “flex” centers, and closing in excess of $350 million of commercial real estate. She was honored by GRACRE in two separate awards in her handling of the leasing of 226,000 SF to the GSA (US Army) and “Best Industrial Lease” for 133,000 SF at the Richmond Distribution Center. Her client’s served include Devon USA, Weingarten, PNC Realty Advisors, Temperpack Technologies and Larkspur Properties. Dawn’s strength is building long term relationships and providing exceptional service. Her persistence, commitment and hard work is recognized by her clients that have been loyal to her for years.
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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