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tbd May Avenue - 9.5 +/- ACRES RESIDENTIAL DEVELOPMENT LAND 10 Acres of Agricultural Land in Waynesboro, VA 22980

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EXECUTIVE SUMMARY

64 Lot Development Parcel This land is being sold at online auction. Last day to bid is November 13. Listed price is not the selling or asking price. Unique public auction opportunity: a 10± acre parcel of land, subdivided into 64 lots, offering significant development potential. Situated in Waynesboro, Virginia, this property is ideally located just 28 miles from Charlottesville and less than 20 miles from Shenandoah Valley Airport, making it a prime location for new residential development. The wooded, vacant parcel is conveniently positioned off May Ave, near its intersection with Kirby Ave, and is within the Waynesboro city limits. Additionally, it adjoins the newly developed Sunset Park, further enhancing its appeal. This 10± acre property is ready for its next chapter of growth and development.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Single Family Development
No. Lots	1	Total Lot Size	10.00 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Agricultural
Zoning	RG-5

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Agricultural
Proposed Use	Single Family Development
Total Lot Size	10.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RG-5