Property summary
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 profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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