KENDRICK LN, FRONT ROYAL,VA 22630
I’m excited to share that SVN Commercial Specialists has been awarded the listing assignment to sell the 112.9-acre Royal Phoenix Commercial/Industrial site in Front Royal.nnThis property has been under the EPA Superfund’s guidance for the past 40 years, undergoing extensive testing and mitigation of past contamination. It has now been approved for redevelopment, subject to certain restrictions.nnThe site features mostly flat topography and is bordered by rail along its southwestern edge. Notably, there are 240 acres west of the railroad that are protected by a conservation easement, ensuring they will not be developed in the future. An entrance road has already been installed from Kendrick Lane, making the property ready for redevelopment. We are open to considering all suitable uses, including wireless telecommunication facility, RD facilities, light manufacturing, warehousing and distribution, recycling, contractor offices and facilities, and lumber and building supply, among other unrestricted options. Final use determination must be approved by the Town of Front RoyalnnThe site is zoned MCD equipped with public water, sewer, and natural gas. It is priced at $55,000 per acre to facilitate immediate redevelopment.