Discover a unique opportunity to invest in a prime piece of commercial land in the thriving town of Elkton, Virginia. This property, zoned for Commercial Business General, offers a versatile range of development possibilities, perfect for entrepreneurs and investors looking to establish a successful business in a growing community. Key Factors: Strategic Location: Situated in the heart of Elkton, this land benefits from high visibility and easy access from major roads and highways, ensuring a steady flow of traffic and potential customers. Growing Community: Elkton is experiencing significant growth, with new residential developments and businesses moving in, making it an ideal location to capitalize on the increasing demand for commercial services. Proximity to Amenities: Close to schools, parks, shopping centers, and other local amenities, this property is ideally positioned to serve the needs of the community and attract a loyal customer base. Investment Potential: With ongoing development in the area and the strategic location, this land represents a strong investment opportunity with the potential for substantial returns. .347 acres
Property Details
Property Features
Listing Office:
Office Name: Homegrown Real Estate
Office Phone: (540) 820-5183
Listing Agent: Roxana Juarez
Lot Features
Lot Information:
Lot Size: 0.35 Acres
Other
Directions Information:
Directions: From Harrisonburg US-33 E/E Market St, Continue to follow US-33 E, Pass by Burger King (on the left), Turn left onto US-33 BUS E, Turn left onto W Spotswood Ave across from the Rocking Coop. .347 acres
Price Information
Listing Price Info
Price Summary:
List Price: $165,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Elkton, VA.
This property is $30K more than the Median Sold Price in Elkton, VA.
Based on homes sold in November 2024
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #VARO2001608
Listing Office:
Office Name: Homegrown Real Estate
Office Phone: (540) 820-5183
Listing Agent: Roxana Juarez
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$891
Per Month
Principal & Interest
$824
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$561
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Elkton Elementary School
302 W B St
Distance between this listing and this school0.21 miles
Public District Grades PK-5
3
/10
River Bend Elementary School
14556 Rockingham Pike
Distance between this listing and this school1.93 miles
Public District Grades PK-5
6
/10
Shenandoah Elementary School
529 4th St
Distance between this listing and this school5.37 miles
Public District Grades PK-5
Nearby Schools
2
/10
Elkton Middle School
21063 Blue and Gold Dr
Distance between this listing and this school0.76 miles
Public District Grades 6-8
4
/10
Montevideo Middle School
7648 McGaheysville Rd
Distance between this listing and this school8.74 miles
Public District Grades 6-8
5
/10
Page County Middle School
198 Panther Dr
Distance between this listing and this school10.74 miles
Public District Grades 6-8
Nearby Schools
5
/10
East Rockingham High School
250 Eagle Rock Rd
Distance between this listing and this school1.79 miles
Public District Grades 9-12
5
/10
Spotswood High School
368 Blazer Dr
Distance between this listing and this school7.92 miles
Public District Grades 9-12
6
/10
Page County High School
184 Panther Dr
Distance between this listing and this school10.76 miles
The neighbors living near this home have an average income of $44,634. Residents of Elkton, VA typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD W Spotswood Ave
What is the listing price of this property?
The listing price of TBD W Spotswood Ave property is $165,000.
What type of property is this?
The property TBD W Spotswood Ave is land located in Elkton, Virginia, 22827.
Is this property for sale now?
Active Listing: TBD W Spotswood Ave is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD W Spotswood Ave in Elkton, VA and zip code 22827. This home sits on a 0.35 acre lot. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $165,000.
Elkton, VA housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. The inventory of homes for sale in Elkton, VA between October 2024 and November 2024 increased by 28.6%. While the average time on the market in November 2024 was 19 days, the median list price was $135,000.
From Rocket Homes Real Estate and based on county public records data.