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Bassett, VA Mobile Home Park
For Sale
$274,900
Pending

15 Spruce Pine Lane, Bassett, VA 24055

LAND - Bassett, VA

Property SizeContact for details
Lot Size8.58 Acres
Days on Market187

Property Features for 15 Spruce Pine Lane

General Information

Property type Land
Property subtype Other
Elementary school district Henry County
Middle school district Henry County
High school district Henry County
Directions From Bassett, take VA-57 for approximately 3.5 miles. Property is on the left, see sign.
Subdivision Henry County
Standard status Pending
Lot size 8.58 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description +/- 8.58 acres and Improvements; Tax Map #: 13.9(0000 )000 /097E; PID #: 798; L2200/04882
Tax Annual Amount 345
Legal Description +/- 8.58 acres and Improvements; Tax Map #: 13.9(0000 )000 /097E; PID #: 798; L2200/04882
Listing Agency: UC/Blue Ridge Land & Auction · United Real Estate
Listed By: Matthew Gallimore · License #0225062681
Added: Feb 17 Changed: Aug 11 Last Checked: Aug 23 at 12:06PM
MLS# 426386

Copyright © 2026 New River Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Bassett, Virginia, this property is an approximately 8.58-acre mobile home park. It features 26 lots and is serviced by public water and private septic systems. The property is located minutes from Philpott Dam, which offers opportunities for boating, fishing, and hiking. The owner has recently invested over $40,000 in cleanup and removal of abandoned units. Currently, 9 tenants occupy 10 lots under month-to-month verbal agreements, generating a monthly income of $2,400. All tenants are current on payments. All mobile homes are tenant-owned, and no titles will transfer with the property. The property is sold as-is. The auction is subject to VA Statute 55.1-1308.2. This property presents a value-add opportunity.

Key Highlights

  • +/- 8.58‑acre mobile home park with 26 lots
  • Recent $40k+ investment in cleanup and removal of abandoned units
  • Immediate upside potential through market rent adjustments

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Garden Center Furniture & Home Goods HVAC Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 24055, VA

12,236
Population
6,273
Households
2
Avg Household Size
49
Median Age
15%
College-Educated
80%
High-School Grad
86.6 sq mi
ZIP Area
141
Density / Sq Mi
$41,733
Median Household Income
$35,686
Median Earnings
$524
Median Rent
$113,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Mobile home park with 26 lots near Philpott Dam.
Where is this land located?
The property is located at 15 Spruce Pine Lane Bassett, VA.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: +/- 8.58‑acre mobile home park with 26 lots; Recent $40k+ investment in cleanup and removal of abandoned units; Immediate upside potential through market rent adjustments
More about this property
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