Danville Land Development
For Sale
$489,900
197-198 Beech Ave, Danville, VA 24541
LAND - Danville, VA
Property SizeContact for details
Lot Size5.31 Acres
Days on Market332
Property Features for 197-198 Beech Ave
General Information
Property type
Land
Property subtype
Other
Zoning
MR
Zoning description
MR
Directions
Take Riverside Dr. or Westover Dr. to Beech Ave. From Riverside Dr. 197 Beech Ave will be on the right and 198 Beech Ave will be on the left. Look for the signage. Parcel ID 71284 is directly beside 197 Beech Ave.
Standard status
Active
APN
77833
Lot size
5.31 Acres
Taxes and HOA fees
Tax Description
2.376 AC NO 1A BEECH AVE; 2.524 AC NO 2A BEECH AVE; NO 94A (.408 AC) BEECH AVE
Legal Description
2.376 AC NO 1A BEECH AVE; 2.524 AC NO 2A BEECH AVE; NO 94A (.408 AC) BEECH AVE
Listing Agency:
Mark A. Dalton & Co., Inc.
(434) 841-8405
Listed By:
Callie Reyes · License #0225273134
(434) 237-6267
Added: Sep 25, 2025
Changed: May 14
Last Checked: Aug 22 at 10:06AM
MLS# 362120
Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5.308-acre land development opportunity is located at 197 & 198 Beech Ave in Danville, VA. The property, identified by Parcel IDs 77833, 77834, and 71284, is zoned MR. Situated between Riverside Dr. and Westover Dr., the site is approved for a 57-unit condo community. Due diligence has been completed, and the property is eligible for revitalization and infrastructure grants. This land is suitable for investors and developers looking to build a multi-family development.
Key Highlights
- Approved for a 57‑unit condo community.
- 5.3‑acre development opportunity.
- Eligible for REVITALIZATION and INFRASTRUCTURE GRANTS.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 24541, VA
27,529
Population
14,506
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
87%
High-School Grad
75.2 sq mi
ZIP Area
366
Density / Sq Mi
$49,292
Median Household Income
$35,592
Median Earnings
$818
Median Rent
$134,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 5.3-acre land approved for 57-unit condo development.
Where is this residential land & home lot located?
The property is located at 197-198 Beech Ave Danville, VA.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Approved for a 57‑unit condo community.; 5.3‑acre development opportunity.; Eligible for REVITALIZATION and INFRASTRUCTURE GRANTS.
