Property Listing No Longer Available for Sale

725 Mt. Olive Road, Toms Brook, VA

Land for Sale - $4,600,000 - 194 acres


Property Info

CIMLS#919140
Location
  725 Mt. Olive Road
  Toms Brook VA 22660
UpdatedMay 17th, 2017
TypeLand
Price$4,600,000
Land194 acres

Property Description

194+ acres of commercial vacant land in the path of progress in Shenandoah County Virginia. M-2 (limited industrial use). $23,711 per acre. Situated just SE of the diamond interchange of I-81 and exit # 291 (Toms Brook exit) and just nine miles south of the interchange with I-66, the direct interstate to Washington DC. There is 4,900+/- feet of frontage to I-81, 288 feet of frontage to Rt. 11, the primary north south road with access to Toms Brook. There is an inactive Norfolk and Western rail line parallel to Rt. 11 on the property. A six inch water line is contiguous at the south west corner of the property. Sewer is on the property with Fiber Optics available. Gas will have to be brought in. Rolling topography with views of the Blue Ridge Mountains. Property is part of a 225+/- acre parcel, the other 31+/- acres is zoned B-2, and can be purchased with this parcel. A 2012 appraisal at $5,125,000 for the M-2 section. Variable rate commission.

Location Description:

Toms Brook is situated north of Woodstock, VA, the county seat and just south of Strasburg in Shenandoah County. Strasburg is an enchanting village situated in a beautiful valley between the Massanutten Mountains and the Blue Ridge Mountains, retaining that very small town atmosphere, yet just one hour west of the urban concentration of Northern Virginia and Washington, DC. via Interstate 66. Two significant commercial enterprises give a strong basis for economic stability and local employment. Bordered on the west with Interstate 81, and having two primary corridors into the downtown area. Emerging strip centers and hotels demonstrates the steady growth, and the residential development is continually absorbing the commuter traffic into Northern Virginia

Highlights:

>> South East corner of I-81 and Exit # 291.

>> Nine miles to north is confluence of I-81 & I-66 main interstate to DC

>> Only 20 miles from Inland Port

>> Situated midway between Strasburg to North and Woodstock to South

>> All utilities available as well as an inactive N & W rail spur.


Financials

Sales Info:

>> Commision split: 4.0%


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