Marcus and Millichap is pleased to present the the exclusive offering for Orrick Commons. This 33.6 acre parcel of land for age restricted development (55+) located just off Senseny Road and Farmington Boulevard in Winchester, Virginia. The property is located about two miles from downtown Winchester in a growing residential and commercial corridor on the eastern side of the city. It is directly adjacent to a large neighborhood center which includes a grocery store, fast food restaurants, and drug stores. The parcel has proffers in place which currently call for the development of a 55+ Community made up of 175 units of multifamily, townhouses, and single family residences. There is also potential for Assisted Living on the site.
Historic Winchester is situated in the scenic Shenandoah Valley and known as the “Apple Capital” of Virginia. With numerous historic attractions, Winchester sits along multiple major highways such as I-81, US-50, and US-522, allowing access to the Washington, DC metro area just 75-miles away, as well as, the Martinsburg, West Virginia area and Northern Virginia, both less than 30-miles away. Winchester is an ideal location for retirees as is it is part of the Washington, D.C. MSA with a significantly lower cost of living than in beltway oriented locations.
The area has recently seen a tremendous surge forward in commercial and residential development due to significant job creation that has been occurring since approximately 2015. Since that time, Amazon, Procter
& Gamble, Navy Federal Credit Union, and the Federal Bureau of Investigation have all opened, or are soon to deliver, new facilities in the region, bringing thousands of higher paying jobs to the market. The city is also host to Shenandoah University, with more than a half-dozen other colleges/universities within 50-miles.
