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2448 Lake Monticello Rd Palmyra, VA 22963

Sponsored
For Sale
$4,250,000

35 Acres, Prime Development Opportunity

Description

Added:
Feb 3, 2025
Days on Market:
349
This exceptional 34.94-acre commercial land parcel presents a rare investment opportunity in Palmyra, VA. Located near Lake Monticello, this property comprises six contiguous parcels, strategically positioned within a thriving residential community. The existing zoning allows for a wide range of commercial developments, making it ideal for projects such as medical facilities, grocery stores, or retail establishments. The area experiences significant residential and tourist traffic, ensuring a robust customer base for any new business. The property's significant advantage lies in its pre-existing water and power infrastructure, significantly reducing development time and costs. This streamlined approach allows for a quicker return on investment. The site's proximity to Lake Monticello's beaches and community amenities further enhances its appeal, offering both convenience and a desirable location for businesses. This is a unique chance to capitalize on the growing demand for commercial services in this vibrant community, offering substantial potential for long-term growth and profitability. The property is priced at $4,250,000 and presents a compelling opportunity for developers seeking a prime location with established infrastructure. Don't miss this chance to secure a piece of Palmyra's burgeoning commercial landscape.

Property Features for 2448 Lake Monticello Rd

General Information

Property type
Other commercial real estate
Lot Size
1,521,986 SF

We can help!

Listing Contact
John O'Reilly

Learn more

Property Insight Report

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Palmyra
County
Fluvanna
State
Virginia
Longitude
-78.31908
Latitude
37.92694

FAQs

What type of property is this?
Commercial real estate - 35 Acres, Prime Development Opportunity
Where is this commercial real estate located?
The property is located at 2448 Lake Monticello Rd Palmyra, VA.
What is the asking price?
The asking price for this property is $4,250,000.
More about this property
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