Waynesboro, Virginia Commercial Real Estate 1 Listing

Waynesboro, Virginia: A Premier Destination for Commercial Real Estate

Introduction

Waynesboro, Virginia, is emerging as a notable hub for commercial real estate, attracting investors and businesses alike. Nestled in the Shenandoah Valley, the city boasts a population of approximately 22,000 and a dynamic economy powered by manufacturing, logistics, and retail. Waynesboro's strategic location, robust infrastructure, and diverse industry clusters make it an appealing choice for commercial real estate (CRE) investments.

Economic and Industry Overview

Waynesboro's economy is characterized by a strong presence of manufacturing, logistics, and retail sectors, driving demand for various commercial property types. The city's industrial parks support a thriving manufacturing sector, while the retail industry benefits from regional shopping centers.

Key industries include: - Manufacturing: Anchored by companies like NIBCO and Neuman Aluminum. - Logistics: Proximity to major transportation routes enhances the logistics sector. - Retail: Supported by shopping centers like the Waynesboro Town Center.

The Waynesboro Economic Development Authority actively promotes initiatives to stimulate economic growth and attract new businesses.

Strategic Location and Transportation Infrastructure

Waynesboro's strategic location offers significant logistical advantages: - Highways: Located near Interstate 64, providing easy access to major cities. - Railroads: Served by Norfolk Southern Railway. - Airports: Close to Shenandoah Valley Regional Airport, facilitating business travel.

The city's transportation infrastructure supports efficient distribution and access to a skilled labor pool, making it an ideal location for businesses.

For further details, visit the Virginia Department of Transportation.

Commercial Real Estate Inventory & Zoning

Waynesboro offers a diverse range of CRE submarkets: - Central Business District (CBD): A bustling area with retail and office spaces. - Industrial Corridors: Featuring warehouses and manufacturing facilities. - Innovation Districts: Encouraging tech and research-driven enterprises.

Recent zoning updates have introduced incentives for developers, fostering a conducive environment for new projects. For zoning maps, visit the Waynesboro City Zoning Map.

Major Employers and Institutions

Waynesboro is home to several major employers that drive CRE demand: - NIBCO: A leader in the manufacturing sector. - Invista: A significant player in the textiles industry. - Augusta Health: Contributing to the local healthcare infrastructure.

The presence of these institutions bolsters the city's economic landscape. Additional information can be found on the Waynesboro Economic Development site.

Notable Commercial Developments & Projects

Waynesboro is witnessing several large-scale developments: - Waynesboro Town Center: A mixed-use development combining retail and office spaces. - Opportunity Zones: Promoting investment in underserved areas.

These projects highlight the city's commitment to growth and development. For more information, visit the Waynesboro Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Waynesboro offers several resources: - Building and Safety Department - Permitting Portal - Parcel Map Viewer / GIS - Planning Commission - Development Code

Market Data & Economic Reports

Waynesboro offers a wealth of public data sets to inform CRE decisions. Key resources include: - Census Data - Waynesboro Open Data Portal

Brevitas aggregates public data and internal insights, providing AI-powered dashboards to explore Waynesboro's market trends.

Why Use Brevitas for Waynesboro, Virginia CRE?

Brevitas offers a suite of tools tailored for the Waynesboro CRE market: - AI-Driven Discovery: Efficiently find properties that meet specific criteria. - Real-Time Market Alerts: Stay updated on new listings and market changes. - Smart Property Pages: Enhance property visibility with auto-generated listing pages. - Dealroom Collaboration: Facilitate seamless collaboration with brokers and developers.