Middletown Residential Development

Listing was updated at: 04/23/2020
Property Overview
Price/Rent PSF $ 875,000.00
Asset Type Land
Trade Type Sale
Acres Available 24.87
Date Available 12/21/2019
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Middletown is situated at the south end of Frederick County, VA. This storied town is home to the historic Wayside Inn and Theater, Cedar Creek Battlefield and Lord Fairfax Community College. Middletown retains that very small town atmosphere, yet is just one hour west of the urban concentration of Northern Virginia and Washington, DC via Interstate 66. Several significant commercial enterprises which include Fisher Diagnostics, Stowe Woodward and AT&T give a strong basis for economic stability and local employment. Middletown is bordered on the East by Interstate 81.

Previously approved site plan for 69 single family homes and 32 townhomes has lapsed, but would not take much to reapply for site plan with proffer reduction request. 24.87 acres situated between Valley Pike (Rte. #11) and I-81 in Middletown adjacent to the Vietnam Memorial is in the path of progress. Location is just 2 miles from the confluence of I-81 and I-66, which connects you to the DC metro market. I-81 corridor is expanding at a unprecedented rate of expansion. For such companies as; Proctor & Gamble, Amazon, FBI Records Retention, Mopar/Fiat, Home Depot, Rubbermaid, Navy Federal Credit Union to name a few. This influx of company growth has spurred the need for workforce housing opportunities. Middletown is centrally located to a great site to develop for the future. Learn more about this property priced at $8,578 per unit. Variable rate commission.