Penhook, VA Commercial Real Estate for Sale

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Union Hall, VA Sandy Level, VA Moneta, VA Huddleston, VA Wirtz, VA Pittsville, VA Glade Hill, VA Lynch Station, VA
Farm Property with Barns and Ponds
Updated: Apr 11
Farm Property with Barns and Ponds

14128 Old Franklin Turnpike, Penhook, VA 24137

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Well‑maintained farm with open and wooded land, plus multiple barns and sheds in good condition
4 ponds on the property and creeks running through its boundary
Open land is divided between crop and grazing, with fenced and cross‑fenced pastures
Water systems in each paddock for pasture management
Ranch home on site; pool is as‑is and needs repair; additional hunting cabin/man cave/she shed
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Based on your search, we've compiled 50 Potential Opportunities for your consideration. Besides 1 Active listings in Penhook, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 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.

Lakefront Manor Estate For Sale
Lakefront Manor Estate For Sale

750 Penn Hall Rd, Union Hall, VA 24176

$4,999,000
8,218 sqft 26.00 AC lot

Entitled lakefront estate with commercial potential on 26+ acres.

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Lakefront Resort Development Land
Lakefront Resort Development Land

750 Penn Hall Rd, Union Hall, VA 24176

$4,499,000
26.15 AC lot

26.15 acres with 658 feet of lake shoreline, a 2025-renovated historic mansion, and permitted resort use.

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Wooded Farmland Lot with Stream
Wooded Farmland Lot with Stream

Brooks Mill Rd lot: 6, Glade Hill, VA 24092

Contact for pricing
3.06 AC lot

A mostly wooded 3-acre lot with stream and road frontage, requiring purchaser-installed well and septic.

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Agricultural Development Tract
Agricultural Development Tract

548 Powells Store Rd, Glade Hill, VA 24092

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45.00 AC lot

A scenic agricultural tract with rolling hills and promising development potential near Smith Mountain Lake and regional amenities.

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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

Value Estimation by Request
1.91 AC lot
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15320 Old Franklin Tpke
RETAIL STORES (PERSONAL SERVICES)

15320 Old Franklin Tpke, Penhook, VA 24137-3460

Value Estimation by Request
3,532 sqft 0.45 AC lot
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15800 Old Franklin Tpke
CONVENIENCE STORE

15800 Old Franklin Tpke, Penhook, VA 24137

Value Estimation by Request
931 sqft 0.71 AC lot
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3927 Truevine Rd
CONVENIENCE STORE

3927 Truevine Rd, Penhook, VA 24137-1249

Value Estimation by Request
4,070 sqft 2.24 AC lot
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2565 Smith Mtn Rd
OFFICE BUILDING

2565 Smith Mtn Rd, Penhook, VA 24137-2609

Value Estimation by Request
896 sqft 0.78 AC lot
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187 Morgans Frk Rd
OFFICE BUILDING

187 Morgans Frk Rd, Penhook, VA 24137

Value Estimation by Request
2,080 sqft 0.13 AC lot
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Penhook, VA 24137
INDUSTRIAL (GENERAL)

Penhook, VA 24137

$565,000
Estimated value
0.85 AC lot
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13878 Snow Crk Rd
RETAIL STORES (PERSONAL SERVICES)

13878 Snow Crk Rd, Penhook, VA 24137-1184

$585,000
Estimated value
3,200 sqft 1.57 AC lot
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8383 Snow Crk Rd
CONVENIENCE STORE

8383 Snow Crk Rd, Penhook, VA 24137-1359

Value Estimation by Request
2,115 sqft 1.02 AC lot
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Old Franklin
VACANT COMMERCIAL LAND

Old Franklin, Penhook, VA 24137

Value Estimation by Request
1.26 AC lot
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1825 Waters Edge Dr
RESTAURANT

1825 Waters Edge Dr, Penhook, VA 24137-5010

$840,000
Estimated value
13,298 sqft 237.03 AC lot
View details
3465 Smith Mtn Rd
INDUSTRIAL (GENERAL)

3465 Smith Mtn Rd, Penhook, VA 24137-2500

Value Estimation by Request
3,540 sqft 3.37 AC lot
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Penhook, VA 24137
RETAIL STORES (PERSONAL SERVICES)

Penhook, VA 24137

Value Estimation by Request
3,540 sqft 3.05 AC lot
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260 Cool Br Rd
INDUSTRIAL (GENERAL)

260 Cool Br Rd, Penhook, VA 24137

Value Estimation by Request
516 sqft 13.29 AC lot
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Penhook, VA 24137
INDUSTRIAL (GENERAL)

Penhook, VA 24137

$1,405,000
Estimated value
0.38 AC lot
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6629 Cir Crk Rd
COMMERCIAL (GENERAL)

6629 Cir Crk Rd, Penhook, VA 24137

Value Estimation by Request
2.00 AC lot
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Edwards Rd
COMMERCIAL (GENERAL)

Edwards Rd, Penhook, VA 24137

Value Estimation by Request
3.98 AC lot
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46 Edwards Rd
OFFICE BUILDING

46 Edwards Rd, Penhook, VA 24137

Value Estimation by Request
1,175 sqft 0.38 AC lot
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Snow Crk Rd
VACANT COMMERCIAL LAND

Snow Crk Rd, Penhook, VA 24137

Value Estimation by Request
10.74 AC lot
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Old Franklin
VACANT COMMERCIAL LAND

Old Franklin, Penhook, VA 24137

Value Estimation by Request
17.25 AC lot
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12265 Snow Crk Rd
RETAIL STORES (PERSONAL SERVICES)

12265 Snow Crk Rd, Penhook, VA 24137-1205

Value Estimation by Request
1,907 sqft 2.82 AC lot
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Old Franklin
COMMERCIAL (GENERAL)

Old Franklin, Penhook, VA 24137

Value Estimation by Request
1.52 AC lot
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Morgans Frk Rd
VACANT COMMERCIAL LAND

Morgans Frk Rd, Penhook, VA 24137

Value Estimation by Request
0.27 AC lot
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Penhook, VA Commercial Real Estate Market Trends and Statistics

Explore 46 commercial real estate for sale in Penhook, VA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for business properties in Penhook, VA start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Penhook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24137 $675K

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

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