Residential Land for Sale in Waynesboro, Virginia
1200 5th St, Waynesboro, VA 22980
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.
Location
- Street address
- 1200 5th St
- County
- City of Waynesboro
- Community
- Waynesboro
- Elevation
- 1,440 feet
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
Property details
- Acreage
- 2.95 acres
- Zoning
- RG-5 General Residential
- MLS #
- CAARMLS 665559
- Posted
Property taxes
- Recent
- $1,040
Legal description
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
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Wenonah | Elementary | — | — |
| Kate Collins | Middle | — | — |
| Waynesboro | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 1, 2025 | Price drop | $295,700 | $100,000 -25.3% | CAARMLS |
| June 7, 2025 | New listing | $395,700 | — | CAARMLS |