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    Franklin Turnpike/Route 41 Danville, VA 24541

    Sponsored
    For Sale
    $550,000

    12.9 Acres, B-2 Zoning, Route 41

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12.9-acre commercial land parcel presents a remarkable development opportunity in Danville, Virginia. Ideally situated on the high-traffic Route 41 commercial corridor, the property boasts convenient road frontage on both Franklin Turnpike (Route 41) and Wyatt Drive, ensuring excellent visibility and accessibility. The land is already cleared, significantly reducing upfront development costs and expediting the construction process. Its B-2 zoning allows for a wide range of commercial uses, providing flexibility for diverse development plans. The expansive lot size offers ample space for a variety of projects, from retail centers and office buildings to light industrial facilities. The property's strategic location within the thriving Danville commercial area promises strong returns on investment. With its prime location, cleared land, and flexible zoning, this property is an exceptional opportunity for developers seeking a high-impact commercial venture. The APN is 2410-40-4932. The asking price for this ready-to-develop site is $550,000. This is a for sale by owner listing.

    Property Features for 0 Franklin Turnpike/Route 41

    General Information

    Property type
    Land
    Lot Size
    561,924 SF

    HighLights

    • $550,000 asking price.
    • 12.9‑acre commercial land parcel.
    • B‑2 zoning.
    • Located on Franklin Turnpike (Route 41) and Wyatt Drive in Danville, VA (24541).
    • Cleared and ready for development.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Danville
    County
    Danville City
    State
    Virginia
    Longitude
    -79.41268
    Latitude
    36.65997

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    FAQs

    What type of property is this?
    Land - 12.9 Acres, B-2 Zoning, Route 41
    Where is this land located?
    The property is located at Franklin Turnpike/Route 41 Danville, VA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; 12.9-acre commercial land parcel.; B-2 zoning.
    (434) 489-8200
    Request Owner's contact information
    Franklin Turnpike/Route 41 Danville, VA 24541
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    Danville, VA 24541
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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
    Franklin Turnpike/Route 41 Danville, VA 24541
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