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    Penhook, VA Commercial Real Estate for Sale

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    Union Hall, VA Moneta, VA Wirtz, VA
    Smith Mountain Lake Campground Auction
    $675,000
    18.00 Acres

    Smith Mountain Lake Campground Auction

    620 Plantation Dr, Penhook, VA 24137

    Campground property on Smith Mountain Lake to be sold at auction.

    • Waterfront property on Smith Mountain Lake with approximately 1,677 feet of water frontage.
    • 18 deeded acres of land.
    • Over 8.9 acres sit above the 800‑foot contour.
    • Located on Smith Mountain Lake.
    • Private water source.
    Updated: May 22
    View details
    Unrestricted Land Tract in Penhook
    $599,500
    278.00 Acres

    Unrestricted Land Tract in Penhook

    Old Fire Tower Ln lot: 0, Penhook, VA 24137

    278-acre unrestricted land with timber, recreation, and mountain views.

    • 278+/- acres of unrestricted land bordering Turkeycock WMA (2,600+ acres) providing direct access to additional public land for recreation and hunting.
    • Established 12+ year‑old pine plantation offering future timber income potential and prime wildlife habitat.
    • Over 1 mile of year‑round flowing water from 2 bold mountain creeks (including Grassy Fork Creek).
    • Ridgetop build sites with potential for panoramic views of the Blue Ridge foothills.
    • Over 1.4 miles of internal trails for easy navigation and access to various points of interest.
    Updated: May 5
    View details
    Smith Mountain Lake Campground Auction
    $675,000
    784,080 SF

    Smith Mountain Lake Campground Auction

    Campground property on Smith Mountain Lake to be sold at auction.

    620 Plantation Drive, Penhook, VA 24137
    View details
    Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 3 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.

    Smith Mountain Lake Resort Opportunity
    $4,499,000
    26.15 Acres

    Smith Mountain Lake Resort Opportunity

    26+ acres with development plans and permits on Smith Mountain Lake.

    750 Penn Hall Rd, Union Hall, VA 24176
    View details
    33+ Acres Near Smith Mountain Lake
    $164,000
    33.85 Acres

    33+ Acres Near Smith Mountain Lake

    Undeveloped land near Smith Mountain Lake, perfect for recreation.

    Jacks Creek Rd, Union Hall, VA 24176
    View details
    Glade Hill Land with Creek
    $159,500
    13.07 Acres

    Glade Hill Land with Creek

    13+ acres with pasture, creek, and metal garage.

    Tract A Brooks Mill Rd, Glade Hill, VA 24092
    View details
    45 Acre Agricultural Tract
    Contact for pricing
    45.00 Acres

    45 Acre Agricultural Tract

    45 acre agricultural tract with development potential near Smith Mountain Lake.

    548 Powells Store Rd, Glade Hill, VA 24092
    View details

    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
    Lot: 1.91 Acres
    Value Estimation by Request

    Old Franklin, Penhook, VA 24137

    View details
    15320 Old Franklin Tpke
    RETAIL STORES (PERSONAL SERVICES)
    3,532 SF Lot: 0.45 Acres
    Value Estimation by Request

    15320 Old Franklin Tpke, Penhook, VA 24137-3460

    View details
    15800 Old Franklin Tpke
    CONVENIENCE STORE
    931 SF Lot: 0.71 Acres
    Value Estimation by Request

    15800 Old Franklin Tpke, Penhook, VA 24137

    View details
    3927 Truevine Rd
    CONVENIENCE STORE
    4,070 SF Lot: 2.24 Acres
    Value Estimation by Request

    3927 Truevine Rd, Penhook, VA 24137-1249

    View details
    2565 Smith Mtn Rd
    OFFICE BUILDING
    896 SF Lot: 0.78 Acres
    Value Estimation by Request

    2565 Smith Mtn Rd, Penhook, VA 24137-2609

    View details
    187 Morgans Frk Rd
    OFFICE BUILDING
    2,080 SF Lot: 0.13 Acres
    Value Estimation by Request

    187 Morgans Frk Rd, Penhook, VA 24137

    View details
    Penhook, VA 24137
    INDUSTRIAL (GENERAL)
    Lot: 0.85 Acres
    Estimated value
    $565,000

    Penhook, VA 24137

    View details
    13878 Snow Crk Rd
    RETAIL STORES (PERSONAL SERVICES)
    3,200 SF Lot: 1.57 Acres
    Estimated value
    $585,000

    13878 Snow Crk Rd, Penhook, VA 24137-1184

    View details
    8383 Snow Crk Rd
    CONVENIENCE STORE
    2,115 SF Lot: 1.02 Acres
    Value Estimation by Request

    8383 Snow Crk Rd, Penhook, VA 24137-1359

    View details
    Old Franklin
    VACANT COMMERCIAL LAND
    Lot: 1.26 Acres
    Value Estimation by Request

    Old Franklin, Penhook, VA 24137

    View details
    1825 Waters Edge Dr
    RESTAURANT
    13,298 SF Lot: 237.03 Acres
    Estimated value
    $840,000

    1825 Waters Edge Dr, Penhook, VA 24137-5010

    View details
    3465 Smith Mtn Rd
    INDUSTRIAL (GENERAL)
    3,540 SF Lot: 3.37 Acres
    Value Estimation by Request

    3465 Smith Mtn Rd, Penhook, VA 24137-2500

    View details
    Penhook, VA 24137
    RETAIL STORES (PERSONAL SERVICES)
    3,540 SF Lot: 3.05 Acres
    Value Estimation by Request

    Penhook, VA 24137

    View details
    260 Cool Br Rd
    INDUSTRIAL (GENERAL)
    516 SF Lot: 13.29 Acres
    Value Estimation by Request

    260 Cool Br Rd, Penhook, VA 24137

    View details
    Penhook, VA 24137
    INDUSTRIAL (GENERAL)
    Lot: 0.38 Acres
    Estimated value
    $1,405,000

    Penhook, VA 24137

    View details
    6629 Cir Crk Rd
    COMMERCIAL (GENERAL)
    Lot: 2.00 Acres
    Value Estimation by Request

    6629 Cir Crk Rd, Penhook, VA 24137

    View details
    Edwards Rd
    COMMERCIAL (GENERAL)
    Lot: 3.98 Acres
    Value Estimation by Request

    Edwards Rd, Penhook, VA 24137

    View details
    46 Edwards Rd
    OFFICE BUILDING
    1,175 SF Lot: 0.38 Acres
    Value Estimation by Request

    46 Edwards Rd, Penhook, VA 24137

    View details
    Snow Crk Rd
    VACANT COMMERCIAL LAND
    Lot: 10.74 Acres
    Value Estimation by Request

    Snow Crk Rd, Penhook, VA 24137

    View details
    Old Franklin
    VACANT COMMERCIAL LAND
    Lot: 17.25 Acres
    Value Estimation by Request

    Old Franklin, Penhook, VA 24137

    View details
    12265 Snow Crk Rd
    RETAIL STORES (PERSONAL SERVICES)
    1,907 SF Lot: 2.82 Acres
    Value Estimation by Request

    12265 Snow Crk Rd, Penhook, VA 24137-1205

    View details

    Penhook, VA Commercial Real Estate Investment Opportunities Market Analysis

    Explore 48 commercial real estate for sale in Penhook, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 784,080 square feet of properties for sale, with an estimated market value of $675,000.

    Sale prices for business properties in Penhook, VA start at $675,000, averaging $675,000, and reaching up to $675,000 — 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 median listing prices of real estate assets

    Neighborhood Average Price
    24137 $4M

    Taxes & Financing

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

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