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Industrial Land with Road Frontage
For Sale
$125,000

Lot 16 Old Franklin Tpke, Union Hall, VA 24176

M1-zoned land with convenient roadway access and connectivity toward Smith Mountain Lake.

Property SizeContact for details
Days on Market2295

Property Features for Lot 16 Old Franklin Tpke

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $122
Listing Agency: EXECUTIVE REALTY INC
Listed By: DANIEL BROWN · License #0225087968
Source: Exprealty
Added: Jul 8, 2020 Changed: Oct 2 Last Checked: Oct 19 at 7:23AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This industrial land parcel is zoned M1 and provides 150 feet of road frontage. The property is identified as Lot 16 Old Franklin Tpke in Union Hall, Virginia.

Road access supports connections toward Smith Mountain Lake via US 220 in Rocky Mount and Route 29 in Gretna. The parcel is positioned within a regional transportation network serving the surrounding area.

Key Highlights

  • M1 zoning supports an industrial land use designation
  • 150 feet of road frontage
  • Located at Lot 16 Old Franklin Tpke, Union Hall, VA 24176

Property Analytics

Suggested Use

Top Pick Building Supply Pet Grooming Service Discount Store Department Store

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

Location Intelligence

Trade Area within ½ mile

11
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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - M1-zoned land with convenient roadway access and connectivity toward Smith Mountain Lake.
Where is this industrial land located?
The property is located at Lot 16 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: M1 zoning supports an industrial land use designation; 150 feet of road frontage; Located at Lot 16 Old Franklin Tpke, Union Hall, VA 24176
More about this property
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