Zoned M1 Industrial Lot with
For Sale
$125,000
Lot 15 Old Franklin Tpke, Union Hall, VA 24176
Industrial lot zoned M1 with 150 feet of road frontage and high seasonal lake-area traffic.
Property SizeContact for details
Days on Market2255
Property Features for Lot 15 Old Franklin Tpke
General Information
Standard status
Active
Property subtype
Land
Zoning
M1
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$122
Listing Agency:
EXECUTIVE REALTY INC
(540) 989-9500
Listed By:
DANIEL BROWN · License #0225087968
(540) 598-4663
Source:
Exprealty
Added: Jul 8, 2020
Changed: Aug 8
Last Checked: Sep 9 at 5:26AM
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 EXECUTIVE REALTY INC
Investment Insights
Based on property information with market context.
This commercial industrial lot is zoned M1 and offers 150 feet of road frontage for direct access from the roadway.
The property is described as being in a convenient location with easy access to Smith Mountain Lake via nearby routes including 220 and Rt. 29. Public remarks also indicate high traffic counts, with especially heavier activity during the summer tied to lake traffic.
The offering is further positioned based on connectivity, with remarks noting the lot is equidistant from New York City and Atlanta and accessible to two-thirds of the U.S. population within a day’s shipping time.
The property is described as being in a convenient location with easy access to Smith Mountain Lake via nearby routes including 220 and Rt. 29. Public remarks also indicate high traffic counts, with especially heavier activity during the summer tied to lake traffic.
The offering is further positioned based on connectivity, with remarks noting the lot is equidistant from New York City and Atlanta and accessible to two-thirds of the U.S. population within a day’s shipping time.
Key Highlights
- Commercial lot zoned M1 (industrial).
- 150' of road frontage.
- High traffic count, especially during the summer with Lake traffic.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Industrial lot zoned M1 with 150 feet of road frontage and high seasonal lake-area traffic.
Where is this industrial land located?
The property is located at Lot 15 Old Franklin Tpke Union Hall, VA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Commercial lot zoned M1 (industrial).; 150' of road frontage.; High traffic count, especially during the summer with Lake traffic.
