Brick Industrial
For Sale
$2,000,000
261 Target Drive, Danville, VA 24541
COMMERCIAL - Danville, VA
Property Size6,000 SF
Lot Size5.50 Acres
Price / SF$333.33
Days on Market96
Property Features for 261 Target Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M-1
Subdivision
Target
Standard status
Active
Size
6,000 SF
Lot size
5.50 Acres
Taxes and HOA fees
Tax Description
Zoned M-1 for manufacturing, this 5.5 acre lot just off of Riverside Drive offers an excellent commercial opportunity for new owners. The corner lot has approximately 550 linear feet of road frontage on both sides and already has a commercial driveway put in by the city. On the property currently are 2 houses and 2 car shops. The back of the property is clear
Legal Description
Zoned M-1 for manufacturing, this 5.5 acre lot just off of Riverside Drive offers an excellent commercial opportunity for new owners. The corner lot has approximately 550 linear feet of road frontage on both sides and already has a commercial driveway put in by the city. On the property currently are 2 houses and 2 car shops. The back of the property is clear
Building Details
Building materials
Brick
Architectural style
Other
Listing Agency:
Realty ONE Group Leading Edge
(434) 544-0100
Listed By:
Cheryl Daffner · License #0225222270
(434) 665-7211
Added: May 29
Changed: Aug 4
Last Checked: Sep 1 at 5:06AM
MLS# 59734
Copyright © 2026 South Central 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.
Investment Insights
Based on property information with market context.
This industrial property includes a 6,000-square-foot brick shop situated on 5.5 acres. The site carries M-1 zoning and also includes a smaller house with tenants in place.
Access to the shop is arranged by appointment, with a coded box providing the keys. The smaller house may not be accessible during a property visit because it is occupied by tenants.
Access to the shop is arranged by appointment, with a coded box providing the keys. The smaller house may not be accessible during a property visit because it is occupied by tenants.
Key Highlights
- 6,000‑square‑foot industrial shop
- 5.5‑acre property
- M‑1 zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
26
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
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 property - M-1 zoning and a smaller tenant-occupied house accompany the shop.
Where is this industrial property located?
The property is located at 261 Target Drive Danville, VA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 6,000‑square‑foot industrial shop; 5.5‑acre property; M‑1 zoning
