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    3756 Plank Rd South Hill, VA 23970

    Sponsored
    For Sale
    $449,000

    70 Acres, Lakefront, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Discover a remarkable 70-acre property in South Hill, Virginia, ideally suited for a variety of uses. This exceptional land boasts significant timber resources, presenting a strong investment opportunity. The property's 700+ feet of scenic Lake Gordon frontage provides unparalleled access to fishing and recreational water activities. Abundant wildlife and excellent hunting opportunities further enhance its appeal. Beyond recreational pursuits, the extensive open farmland is perfect for agricultural endeavors, including crop production or livestock farming (horses or cattle). Enjoy the convenience of a location just 20 minutes from Kerr Lake and Lake Gaston, and a short 5-minute drive to Interstate 85 and downtown South Hill. Commuting is also easy, with Richmond, VA, and Raleigh/Durham, NC, both within a 1.5-hour drive. This unique property offers a blend of investment potential, recreational enjoyment, and the tranquility of country living. The address is 3756 Plank Road, South Hill, VA 23970, in Mecklenburg County. This is a rare opportunity to own a substantial tract of land with diverse possibilities. The asking price is $449,000.

    Property Features for 3756 Plank Rd

    General Information

    Property type
    Agricultural land
    Lot Size
    3,049,200 SF

    HighLights

    • Commercial real estate opportunity.
    • Vacant land parcel available.
    • Extensive acreage suitable for various uses.
    • Prime location near Kerr Lake, VA.
    • Proximity to Buggs Island Lake, VA.
    • Excellent hunting and wildlife viewing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Kitchen & Bath Grocery Store Food Market Plumbing Service Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    South Hill
    County
    Mecklenburg
    State
    Virginia
    Longitude
    -78.1989086
    Latitude
    36.6967353

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    FAQs

    What type of property is this?
    Agricultural land - 70 Acres, Lakefront, Prime Location
    Where is this agricultural land located?
    The property is located at 3756 Plank Rd South Hill, VA.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Commercial real estate opportunity.; Vacant land parcel available.; Extensive acreage suitable for various uses.
    Request Owner's contact information
    3756 Plank Rd South Hill, VA 23970
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    South Hill, VA 23970
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3756 Plank Rd South Hill, VA 23970
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