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Penhook, VA

Penhook, VA Commercial Real Estate 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

Contact for pricing

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

Farm Property with Barns and Ponds

Updated: Apr 11

Farm Property with Barns and Ponds

14128 Old Franklin Turnpike, Penhook, VA 24137

Contact for pricing

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

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 51 Potential Opportunities for your consideration. Besides 2 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.

Agricultural Development Tract

Agricultural Development Tract

548 Powells Store Rd, Glade Hill, VA 24092

Contact for pricing

45.00 AC lot

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

Specialty Land Parcel

Specialty Land Parcel

Lot 64 Sailboat LN, Union Hall, VA 24176

Contact for pricing

0.41 AC lot

Commercial land parcel totaling 0.41 acres and listed for sale.

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.

Agricultural Land with Creek

Agricultural Land with Creek

Tract A Brooks Mill Rd, Glade Hill, VA 24092

$145,000

13.07 AC lot

13+ acre A1-zoned tract with pasture and a creek/spring, plus a 24-by-30 metal garage with lean-to.

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

15320 Old Franklin Tpke

RETAIL STORES (PERSONAL SERVICES)

15320 Old Franklin Tpke, Penhook, VA 24137-3460

$185,000

Estimated value

3,532 sqft 0.45 AC lot

15800 Old Franklin Tpke

CONVENIENCE STORE

15800 Old Franklin Tpke, Penhook, VA 24137

$265,000

Estimated value

931 sqft 0.71 AC lot

3927 Truevine Rd

CONVENIENCE STORE

3927 Truevine Rd, Penhook, VA 24137-1249

$215,000

Estimated value

4,070 sqft 2.24 AC lot

2565 Smith Mtn Rd

OFFICE BUILDING

2565 Smith Mtn Rd, Penhook, VA 24137-2609

$85,000

Estimated value

896 sqft 0.78 AC lot

187 Morgans Frk Rd

OFFICE BUILDING

187 Morgans Frk Rd, Penhook, VA 24137

$200,000

Estimated value

2,080 sqft 0.13 AC lot

Penhook, VA 24137

INDUSTRIAL (GENERAL)

Penhook, VA 24137

$535,000

Estimated value

0.85 AC lot

13878 Snow Crk Rd

RETAIL STORES (PERSONAL SERVICES)

13878 Snow Crk Rd, Penhook, VA 24137-1184

$590,000

Estimated value

3,200 sqft 1.57 AC lot

8383 Snow Crk Rd

CONVENIENCE STORE

8383 Snow Crk Rd, Penhook, VA 24137-1359

$50,000

Estimated value

2,115 sqft 1.02 AC lot

Old Franklin

VACANT COMMERCIAL LAND

Old Franklin, Penhook, VA 24137

$105,000

Estimated value

1.26 AC lot

1825 Waters Edge Dr

RESTAURANT

1825 Waters Edge Dr, Penhook, VA 24137-5010

$840,000

Estimated value

13,298 sqft 237.03 AC lot

3465 Smith Mtn Rd

INDUSTRIAL (GENERAL)

3465 Smith Mtn Rd, Penhook, VA 24137-2500

$350,000

Estimated value

3,540 sqft 3.37 AC lot

Penhook, VA 24137

RETAIL STORES (PERSONAL SERVICES)

Penhook, VA 24137

$325,000

Estimated value

3,540 sqft 3.05 AC lot

260 Cool Br Rd

INDUSTRIAL (GENERAL)

260 Cool Br Rd, Penhook, VA 24137

$55,000

Estimated value

516 sqft 13.29 AC lot

Penhook, VA 24137

INDUSTRIAL (GENERAL)

Penhook, VA 24137

$1,410,000

Estimated value

0.38 AC lot

6629 Cir Crk Rd

COMMERCIAL (GENERAL)

6629 Cir Crk Rd, Penhook, VA 24137

$270,000

Estimated value

2.00 AC lot

Edwards Rd

COMMERCIAL (GENERAL)

Edwards Rd, Penhook, VA 24137

$275,000

Estimated value

3.98 AC lot

46 Edwards Rd

OFFICE BUILDING

46 Edwards Rd, Penhook, VA 24137

$240,000

Estimated value

1,175 sqft 0.38 AC lot

Snow Crk Rd

VACANT COMMERCIAL LAND

Snow Crk Rd, Penhook, VA 24137

$285,000

Estimated value

10.74 AC lot

Old Franklin

VACANT COMMERCIAL LAND

Old Franklin, Penhook, VA 24137

$280,000

Estimated value

17.25 AC lot

12265 Snow Crk Rd

RETAIL STORES (PERSONAL SERVICES)

12265 Snow Crk Rd, Penhook, VA 24137-1205

$95,000

Estimated value

1,907 sqft 2.82 AC lot

Old Franklin

COMMERCIAL (GENERAL)

Old Franklin, Penhook, VA 24137

$280,000

Estimated value

1.52 AC lot

Penhook, VA Commercial Real Estate Market Trends and Statistics

Explore 47 commercial real estate for sale in Penhook, VA on our real estate platform.

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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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