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Residential Development Lot
For Sale
$110,000

Lot 67 Penny Lane, Rocky Mount, VA 24151

Residential lot in Rocky Mount with mountain views, suited for a walkout basement and private backyard.

Property Size30,492 SF
Price / SF$3.61
Days on Market516

Property Features for Lot 67 Penny Lane

General Information

Standard status Active
Size 30,492 SF
Property subtype Land / Unimproved Lot
Zoning R1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $504

Amenities

Below Ground
0.0
Listing Agency: MOUNTAIN TO LAKE REALTY
Listed By: BOB PARCELL · License #0225082024
Source: Compass
Added: Mar 15, 2025 Changed: Aug 8 Last Checked: Mar 25 at 2:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MOUNTAIN TO LAKE REALTY

Investment Insights

Based on property information with market context.

This residential development lot in Rocky Mount offers long-range mountain views of Cahas Mountain and surrounding rolling hills. The property is described as an excellent fit for a walkout basement and includes space envisioned for a private back yard.

The lot is located within town limits for convenience, and the buyer will be responsible for public water/sewer and power hookup. Taxes are based on county records.

The seller notes that the lot offers workable hillside positioning for residential development in an area of very nice homes.

Key Highlights

  • Residential lot in Rocky Mount with mountain views of Cahas Mountain and surrounding rolling hills
  • Located within town limits for convenient access
  • Suitable for a walkout basement, according to the listing

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Spa & Massage Center Grocery & Convenience Store Auto Repair Shop Hotel & Motel

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 24151, VA

18,785
Population
8,668
Households
2.2
Avg Household Size
45
Median Age
21%
College-Educated
89%
High-School Grad
165.4 sq mi
ZIP Area
114
Density / Sq Mi
$65,267
Median Household Income
$40,159
Median Earnings
$769
Median Rent
$190,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in Rocky Mount with mountain views, suited for a walkout basement and private backyard.
Where is this residential land & home lot located?
The property is located at Lot 67 Penny Lane Rocky Mount, VA.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Residential lot in Rocky Mount with mountain views of Cahas Mountain and surrounding rolling hills; Located within town limits for convenient access; Suitable for a walkout basement, according to the listing
More about this property
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