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    899 Burlington Dr Clarksville, VA 23927

    Sponsored
    For Sale
    $2,400,000

    87 Acres, Kerr Lake Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 87.66-acre commercial and industrial land parcel in Clarksville, Virginia, presents a unique investment opportunity. Boasting over 9,000 feet of desirable Kerr Lake and USACE frontage, the site is currently undergoing building demolition and debris removal, a cost already factored into the asking price of $2,400,000. Its strategic location offers unparalleled access to major transportation arteries, including Interstates 85, 15, 49, and the US 58 corridor, ensuring seamless connectivity to regional markets. The property's proximity to a community airport and an 18-hole golf course adds to its appeal. Furthermore, potential rail access is available, providing added logistical flexibility. Situated in Mecklenburg County, this centrally located property enjoys convenient access to Raleigh, Durham, and Richmond, as well as prominent colleges and hospitals. This expansive tract offers significant development potential, combining waterfront access with excellent infrastructure and a strategic location in Southern Virginia. The cleared site is ready for immediate development, making it an ideal location for a variety of commercial or industrial ventures.

    Property Features for 899 Burlington Dr

    General Information

    Property type
    Land
    Lot Size
    3,818,470 SF

    HighLights

    • 87.66‑acre commercial/industrial land parcel in Clarksville, Virginia.
    • 9,000+ feet of Kerr Lake frontage.
    • Excellent access to major transportation arteries (I‑85, I‑15, I‑49, US‑58).
    • Potential rail access.
    • Located in Mecklenburg County, Southern Virginia.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Mecklenburg
    State
    Virginia
    Longitude
    -78.5356494
    Latitude
    36.6099583

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 87 Acres, Kerr Lake Frontage
    Where is this land located?
    The property is located at 899 Burlington Dr Clarksville, VA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 87.66-acre commercial/industrial land parcel in Clarksville, Virginia.; 9,000+ feet of Kerr Lake frontage.; Excellent access to major transportation arteries (I-85, I-15, I-49, US-58).
    Request Owner's contact information
    899 Burlington Dr Clarksville, VA 23927
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    Clarksville, VA 23927
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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
    899 Burlington Dr Clarksville, VA 23927
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