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    Penhook, VA
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    Penhook, VA Hospitality Properties for Sale

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    Union Hall, VA Moneta, VA Huddleston, 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
    Smith Mountain Lake Campground Auction
    $675,000
    784,080 SF
    Smith Mountain Lake Campground Auction

    620 Plantation Drive, Penhook, VA 24137

    Campground property on Smith Mountain Lake to be sold at auction.
    • 1,677 feet of water frontage on Smith Mountain Lake.
    • 18 deeded acres of land.
    • Located on Smith Mountain Lake.
    • 8.9± acres above the 800‑foot contour.
    • Being sold at a Special Commissioner's Auction.
    Updated: May 17
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Penhook, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Lynchburg Commercial Property For Sale
    $1,250,000
    6,215 SF
    Lynchburg Commercial Property For Sale

    High-visibility commercial property with flexible zoning and ample parking.

    4001 Murray, Lynchburg, VA 24501

    View details
    Historic Inn with Event Space
    $1,450,000
    9,737 SF
    Historic Inn with Event Space

    Boutique inn featuring rental suites and event space.

    404 Cabell Street, Lynchburg, VA 24504

    View details
    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
    Lakefront Manor Estate For Sale
    $4,999,000
    8,218 SF
    Lakefront Manor Estate For Sale

    Entitled lakefront estate with commercial potential on 26+ acres.

    750 Penn Hall Rd, Union Hall, VA 24176

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Moneta, VA Development Tract
    $299,900
    25.92 Acres
    Moneta, VA Development Tract

    25.93 acre commercial development tract in Moneta, Virginia.

    Moneta, VA 24121

    View details
    Land Parcels Adjacent to Home Depot
    Contact for pricing
    2.30 Acres
    Land Parcels Adjacent to Home Depot

    Parcels near Home Depot suitable for retail and hospitality.

    3217 Hershberger Rd. |, Roanoke, VA 24017

    View details
    Cleared Land Near Caesars Casino
    $4,300,000
    63.00 Acres
    Cleared Land Near Caesars Casino

    63-acre cleared land suitable for residential or commercial development.

    DEER RUN RD, Danville, VA 24540

    View details
    Commercial Land Near Casino
    $999,000
    4.50 Acres
    Commercial Land Near Casino

    Commercial land with road frontage, convenient to the Casino.

    533 PINEY FOREST RD, Danville, VA 24540

    View details

    Penhook, VA Hospitality Properties Investment Opportunities Market Analysis

    Explore 2 hospitality properties for sale in Penhook, VA 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 hospitality 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Campgrounds 2

    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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