15 Spruce Pine Lane, Bassett, VA 24055

Listing agent Matthew Gallimore License #350819 Show Phone

Listing office UC/Blue Ridge Land & Auction b***@swva.net PO Box 234 102 South Locust St., Floyd, VA Show Phone

Listing date Feb 17, 2026

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MLS# 426386 Listing URL

Copyright © 2026 New River Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Located in Bassett, Virginia, this property is an approximately 8.58-acre mobile home park. It features 26 lots and is serviced by public water and private septic systems. The property is located minutes from Philpott Dam, which offers opportunities for boating, fishing, and hiking. The owner has recently invested over $40,000 in cleanup and removal of abandoned units. Currently, 9 tenants occupy 10 lots under month-to-month verbal agreements, generating a monthly income of $2,400. All tenants are current on payments. All mobile homes are tenant-owned, and no titles will transfer with the property. The property is sold as-is. The auction is subject to VA Statute 55.1-1308.2. This property presents a value-add opportunity.

Suggested Use

Real Estate Agency Building Supply Auto Repair Shop Department Store Food Market Accounting Firm HVAC Service Bar & Pub Grocery & Convenience Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Bassett

County

Henry

State

Virginia

Longitude

-80.05171

Latitude

36.75956

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FAQs

What type of property is this?

Land - Mobile home park with 26 lots near Philpott Dam.

Where is this land located?

The property is located at 15 Spruce Pine Lane Bassett, VA.

What is the asking price?

The asking price for this property is $274,900.

What are key features of this property?

This property features: +/- 8.58‑acre mobile home park with 26 lots; Recent $40k+ investment in cleanup and removal of abandoned units; Immediate upside potential through market rent adjustments