Listing Agency: Vision Commercial Advisors, Inc.

Listed By: Daniel Latshaw · License #240668 Show Phone

Source: Crexi

Added: Oct 18, 2024 Changed: Oct 26 Last Checked: Oct 26 at 3:41PM

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Investment Insights

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This recreational resort property spans approximately 1,515 acres on the Virginia/West Virginia border. The all-season resort, previously operated as a campground, features 42 RV sites, 4 luxury yurts, and numerous wilderness campsites, with approvals in place for 23 cabins/treehouses on the Virginia side. The property includes a newly paved 2-mile road providing access from Highway 460 along the New River. Infrastructure investments support diversified revenue streams, including an Amish-built timber-framed wedding and corporate event venue with accommodations, UTV and motorcycle trail pass sales, a clay shooting course and 5-stand clay shooting, river outfitting, and facilities for camping-oriented gatherings, events, and festivals. The resort offers world-class fishing and motorsport riding, with over 60 miles of interlocking UTV trails and approximately 100 miles of single-track trails suitable for dirt bikes, horses, mountain biking, and hiking. The trail systems and training courses are suited for enduro and motocross racing, training events, and schools. The property is centrally located between Virginia, West Virginia, North Carolina, Ohio, and Pennsylvania, within hours of Charlotte, NC, Richmond, VA, Washington, DC, and Huntington, WV. The property is located on a secluded stretch of the New River.

Key Highlights

• ±1,515‑acre recreational resort property on the Virginia/West Virginia border with income‑producing potential.
• Diverse revenue streams including RV sites, yurts, camping, wedding/event venue, UTV/motorcycle trail passes, clay shooting, and river outfitting.
• Newly paved 2‑mile road and an Amish‑built timber‑framed wedding/event venue.**

Property Analytics

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Open Analytics

Current Use

Campgrounds

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

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Demographics for 24147, VA

1,088

Population

680

Households

1.6

Avg Household Size

50

Median Age

16%

College-Educated

94%

High-School Grad

6.2 sq mi

ZIP Area

175

Density / Sq Mi

$49,167

Median Household Income

$48,889

Median Earnings

$630

Median Rent

$108,800

Median Home Value

Frequently Asked Questions

What type of property is this?

Campground - 1,515-acre recreational resort property on the Virginia/West Virginia border.

Where is this campground located?

The property is located at Shumate Falls Rd Glen Lyn, VA.

What is the asking price?

The asking price for this property is $4,750,000.

What are key features of this property?

This property features: ±1,515‑acre recreational resort property on the Virginia/West Virginia border with income‑producing potential.; Diverse revenue streams including RV sites, yurts, camping, wedding/event venue, UTV/motorcycle trail passes, clay shooting, and river outfitting.; Newly paved 2‑mile road and an Amish‑built timber‑framed wedding/event venue.**