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    Penhook, VA
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    Penhook, VA Commercial Land for Sale

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    Union Hall, VA Sandy Level, VA Moneta, VA Huddleston, VA Wirtz, VA Glade Hill, VA Pittsville, VA Lynch Station, VA
    Zoned B2 Commercial Land Tract
    Updated: Apr 12
    Zoned B2 Commercial Land Tract

    95 Morgans Fork Rd, Penhook, VA 24137

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    4.93 AC lot
    Commercial land tract totaling 4.932 acres
    Zoned B2
    Long frontage along Morgans Fork Road
    Long frontage along Edwards Road
    About 7–10 minutes from the waters of Smith Mountain Lake
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Penhook, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land Lot with Dual Road Frontage
    Commercial Land Lot with Dual Road Frontage

    Booker T Washington Hwy lot: C-2, Moneta, VA 24121

    $295,000
    1.35 AC lot

    Commercial lot with frontage on two state roads and utilities available for building your business in Franklin County.

    View details
    Planned Commercial Pad Development Land
    Planned Commercial Pad Development Land

    & C-28 Booker T Washington Hwy lot: C-26, Moneta, VA 24121

    $400,000
    2.39 AC lot

    Zoned PCD for planned commercial/residential use with 54 graded commercial pads and water plus gravity sewer.

    View details
    Multi-Parcel Commercial Development Land
    Multi-Parcel Commercial Development Land

    11766 Old Franklin Tpke, Union Hall, VA 24176

    $1,650,000
    85.00 AC lot

    Four-parcel commercial land in a designated growth area, with a community water system in progress serving the site.

    View details
    Industrial Land with Road Frontage
    Industrial Land with Road Frontage

    Lot 14 Old Franklin Tpke, Union Hall, VA 24176

    $125,000

    M1-zoned industrial land with access to a high-traffic route and regional destinations.

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    Off-Market Properties in Penhook, VA

    Consider similar Off-Market properties in Penhook, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Old Franklin
    VACANT COMMERCIAL LAND

    Old Franklin, Penhook, VA 24137

    $200,000
    Estimated value
    1.91 AC lot
    View details
    Old Franklin
    VACANT COMMERCIAL LAND

    Old Franklin, Penhook, VA 24137

    $105,000
    Estimated value
    1.26 AC lot
    View details
    Snow Crk Rd
    VACANT COMMERCIAL LAND

    Snow Crk Rd, Penhook, VA 24137

    $285,000
    Estimated value
    10.74 AC lot
    View details
    Old Franklin
    VACANT COMMERCIAL LAND

    Old Franklin, Penhook, VA 24137

    $280,000
    Estimated value
    17.25 AC lot
    View details
    Morgans Frk Rd
    VACANT COMMERCIAL LAND

    Morgans Frk Rd, Penhook, VA 24137

    $275,000
    Estimated value
    0.27 AC lot
    View details
    Penhook, VA 24137
    VACANT COMMERCIAL LAND

    Penhook, VA 24137

    $280,000
    Estimated value
    0.61 AC lot
    View details
    175 Morgans Frk Rd
    VACANT COMMERCIAL LAND

    175 Morgans Frk Rd, Penhook, VA 24137-5050

    $270,000
    Estimated value
    0.19 AC lot
    View details
    Penhook, VA 24137
    VACANT COMMERCIAL LAND

    Penhook, VA 24137

    $310,000
    Estimated value
    368.60 AC lot
    View details
    Penhook, VA 24137
    VACANT COMMERCIAL LAND

    Penhook, VA 24137

    $255,000
    Estimated value
    1.24 AC lot
    View details

    Penhook, VA Commercial Land Market Trends and Statistics

    Explore 10 commercial land for sale in Penhook, VA on our real estate platform. These investment opportunities span a total of 214,751 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 15
    Waterfront Land 10
    Commercial land 1
    Hunting land 1
    Recreation land 1

    Demographics Overview

    Population 2,695
    Population Growth (5Y) +0.8%
    Median Household Income $66,250
    College Educated 30.3%

    Taxes & Financing

    Tax Rate (average for all types) 0.56%
    Property Tax per SF $40.41 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Franklin County

    New Delisted

    Total CRE Inventory on Market (SF)

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