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Danville Land Development Opportunity

197-198 Beech Ave Danville, VA 24541

197-198 Beech Ave, Danville, VA, 24541
$489,900
For Sale
$489,900

LAND - Danville, VA

Lot Size5.31 Acres
Days on Market301

Property Features for 197-198 Beech Ave

General Information

Property type
Land
Property subtype
Other
Zoning
MR
Standard status
Active
APN
77833
Lot size
5.31 Acres

Taxes and HOA fees

Tax Description
2.376 AC NO 1A BEECH AVE; 2.524 AC NO 2A BEECH AVE; NO 94A (.408 AC) BEECH AVE
Listing agency Mark A. Dalton & Co., Inc.
Listed by Callie Reyes · License #0225273134
Added: Sep 25, 2025 Updated: May 14 at 3:59PM Checked: Jul 22 at 8:06AM
MLS# 362120

Copyright © 2026 Lynchburg Virginia MLS. 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.

This 5.308-acre land development opportunity is located at 197 & 198 Beech Ave in Danville, VA. The property, identified by Parcel IDs 77833, 77834, and 71284, is zoned MR. Situated between Riverside Dr. and Westover Dr., the site is approved for a 57-unit condo community. Due diligence has been completed, and the property is eligible for revitalization and infrastructure grants. This land is suitable for investors and developers looking to build a multi-family development.

Key Highlights

  • Approved for a 57‑unit condo community.
  • 5.3‑acre development opportunity.
  • Eligible for REVITALIZATION and INFRASTRUCTURE GRANTS.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Building Supply Restaurant Law Firm Auto Parts Store Kitchen & Bath Showroom Garden Center Furniture & Home Goods Gym & Fitness Center Skin Care Clinic Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - 5.3-acre land approved for 57-unit condo development.
Where is this residential land & home lot located?
The property is located at 197-198 Beech Ave Danville, VA.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Approved for a 57‑unit condo community.; 5.3‑acre development opportunity.; Eligible for REVITALIZATION and INFRASTRUCTURE GRANTS.
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