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$295,700
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Property Description
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.
Full Property Details
Full Property Details for 1200 5th St
General
- Price: $295,700
- Taxes: $1,040 (2024)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: 665559
- Updated: 12/17/2025
- Added to Site: 228 day(s) ago
Location
- County: WAYNESBORO CITY
- Subdivision: UNKNOWN
- Driving 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
School Information
- School District: Waynesboro City Public Schools
- High School: Waynesboro
Utilities
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Structural Information
- Current Bldg. Use: Vacant, Other
Lot Features
- Lot Size (Acres): 2.95
- Zoning: RG-5
Financial Considerations
- Price Per Sq. Ft.: $100,237.29
- Tax Amount: $1,040
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
Listed by Nexthome Premier Properties & Estates, CINDY JOSKOWIAK
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Schools
Schools serving 1200 5th St
School District:Waynesboro City Public Schools
| Name | Grades | Distance |
|---|---|---|
Wenonah Elementary School 125 North Bayard Avenue, Waynesboro, VA 22980 | K-5 | 0.5 mi |
Kate Collins Middle School 1625 Ivy Street, Waynesboro, VA 22980 | 6-8 | 1.6 mi |
Waynesboro High School 1200 East Main Street, Waynesboro, VA 22980 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1200 5th St
Date
Details
Price
Change
Source
8/30/2025
Price Reduced
$295,700
-25.27%
MLS
6/07/2025
Listed
$395,700
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1200 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$226
—
$27,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1200 5th St
1200 5th St, Waynesboro, VA 22980 (MLS# 665559) is a Lots/Land property with a lot size of 2.95 acres. 1200 5th St is currently listed for $295,700 and was received on June 07, 2025. Want to learn more about 1200 5th St? Do you have questions about finding other Lots/Land real estate for sale in Waynesboro? You can browse all Waynesboro real estate or contact a Coldwell Banker agent to request more information.

