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1200 5th St, Waynesboro VA 22980
- $395,700
- MLS #:665559
- 2.95acres
Square Ft Finished: None
Square Ft Unfinished: None
Neighborhood: 5th St
Elementary School: None
Middle School: None
High School: None
Property Type: land
Subcategory: UnimprovedLand
HOA: No
Area: Waynesboro
Exceptional development opportunity in a designated Opportunity Zone! This 2.95-acre property includes 4 parcels, with 3 lots (0.172 acres each) already subdivided and build-ready. Zoned RG-5 (General Residential), allowing for duplexes and residential options. Phase 1 Preliminary work completed—plat and survey available in documents. Possibility to create up to 7 total lots. Buyer to verify zoning and development options with locality. Perfect for builders, investors, or developers looking for a shovel-ready project with major upside and potential tax advantages. Owner/Agent.
Water: Public
Kickout: No
Annual Taxes: $1,040
Tax Year: 2024
Legal: 47-1-157-7A, 2.435 Acres Oak Hill Co W'Boro INC Land Basic City Block 157; 47-1-1, Lot 1 Oak Hill Co, .172 Ac; 47-1-2, Lot2 Oak Hill Co, .172 Ac & 47-1-3, Lot 3 Oak Hill Co, .172 Ac
Directions: From 64, Exit on S. Delphine Ave, continue to N. Delphine Ave, to right on 6th st, Left on Winchester Ave, Left on Reservoir St, continue to 5th st, property on right