Development Land with Multi-Street
For Sale
$70,000
722 GROVE ST, Danville, VA 24541
LAND - Danville, VA
Property SizeContact for details
Lot Size1.27 Acres
Days on Market115
Property Features for 722 GROVE ST
General Information
Property type
Land
Property subtype
Other
Zoning
OTR
Lot features
Land, 1-5 acres
Elementary school
PARK AVENUE
Middle school
WESTWOOD
High school
GWHS
Subdivision
South Section Danville
Standard status
Active
Lot size
1.27 Acres
Taxes and HOA fees
Tax Description
120 FT GROVE ST & 50 FT & ALLEY RTS GROVE ST & 50 FT GROVE ST
Tax Annual Amount
1200
Legal Description
120 FT GROVE ST & 50 FT & ALLEY RTS GROVE ST & 50 FT GROVE ST
Utilities
Utilities
Electricity Available
Listing Agency:
ESKEY & ASSOCIATES REALTY
(434) 797-4663
Listed By:
Kelly Oakes
(434) 489-8023
Added: Apr 30
Changed: Jul 20
Last Checked: Aug 22 at 8:06PM
MLS# 78689
Copyright © 2026 Dan River Region 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 offering presents three adjoining parcels totaling approximately 1.2 acres, sold as one development opportunity. The property is zoned OTR (Old Town Residential) and includes land that is partially wooded, offering a natural setting that can be developed to suit a range of project layouts.
The parcels provide road frontage on three streets and are located in the downtown Danville area, positioned beside a local radio station. This multi-street access can support flexibility for planning, entry placement, and site use.
Overall, the combination of adjoining lots, multi-street frontage, and residential zoning makes the site well-suited for prospective buyers seeking a centrally located land package for future development.
The parcels provide road frontage on three streets and are located in the downtown Danville area, positioned beside a local radio station. This multi-street access can support flexibility for planning, entry placement, and site use.
Overall, the combination of adjoining lots, multi-street frontage, and residential zoning makes the site well-suited for prospective buyers seeking a centrally located land package for future development.
Key Highlights
- 1.2 Acres in Downtown Danville
- Road Frontage on Three Streets
- Zoned Old Town Residential
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
981
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three adjoining Old Town Residential parcels with road frontage on three streets and partial tree cover in Danville.
Where is this residential land & home lot located?
The property is located at 722 GROVE ST Danville, VA.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 1.2 Acres in Downtown Danville; Road Frontage on Three Streets; Zoned Old Town Residential
