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Multi-Parcel Commercial Development Land
For Sale
$1,650,000

11766 Old Franklin Tpke, Union Hall, VA 24176

Four-parcel commercial land in a designated growth area, with a community water system in progress serving the site.

Property SizeContact for details
Lot Size85.00 Acres
Days on Market1077

Property Features for 11766 Old Franklin Tpke

General Information

Standard status Active
Lot size 85.00 Acres

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,054
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Listed By: RONALD L WILLARD, I I · License #0225033387
Source: Exprealty
Added: Sep 12, 2023 Changed: Aug 23 Last Checked: Aug 21 at 7:22AM

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 BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Investment Insights

Based on property information with market context.

This for-sale commercial land offering comprises 85+ acres spanning four parcels, positioned for commercial or mixed-use development. The property includes available concept and development plans for Southlake Towne Center, supporting early-stage planning and project definition.

Located at 11766 Old Franklin Turnpike in Union Hall, VA, the site sits within the designated growth area (DGA) of the comprehensive plan for Franklin County and provides immediate access to Route 40. Infrastructure is underway, with the Western Virginia Water Authority and Franklin County completing a new community water system intended to serve the Union Hall Village Center and this property.

Key Highlights

  • 85+ acres of commercial land across four parcels in Franklin County’s Designated Growth Area (DGA)
  • Immediate access to Route 40
  • High‑visibility property with frontage and accessibility across multiple parcels

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Storage Facility Dental Office Grocery & Convenience Store Real Estate Agency Food Market

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
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 24176, VA

1,527
Population
1,140
Households
1.3
Avg Household Size
59
Median Age
52%
College-Educated
95%
High-School Grad
22.0 sq mi
ZIP Area
69
Density / Sq Mi
$95,197
Median Household Income
$47,125
Median Earnings
$1,326
Median Rent
$592,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Four-parcel commercial land in a designated growth area, with a community water system in progress serving the site.
Where is this commercial land located?
The property is located at 11766 Old Franklin Tpke Union Hall, VA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 85+ acres of commercial land across four parcels in Franklin County’s Designated Growth Area (DGA); Immediate access to Route 40; High‑visibility property with frontage and accessibility across multiple parcels
More about this property
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