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    36 Philpott Rd South Boston, VA 24592

    For Sale
    $325,000

    High-traffic retail land, vacant, VA.

    Property size:
    156,816 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.6-acre commercial land parcel, totaling 156,816 square feet, presents a remarkable investment opportunity in South Boston, Virginia. Located at the intersection of Route 58 and 36 on Philpott Road, this vacant property boasts a prime location with high visibility and accessibility. The site benefits from significant daily traffic volume, with over 12,000 vehicles passing by daily. Its strategic positioning adjacent to the Riverstone Technology Park further enhances its appeal, offering proximity to a thriving business community. Priced at $325,000, this property is ideal for a variety of commercial developments, capitalizing on its substantial size and advantageous location in Halifax County, VA, zip code 24592. The property's proximity to a Dollar General Distribution Center adds to its logistical advantages. This is a rare opportunity to acquire a large, well-situated commercial land parcel in a growing area. Don't miss out on this chance to establish your business in a high-traffic, strategically important location. The property is currently vacant, allowing for immediate development and customization to suit your specific needs.

    Property Features for 36 Philpott Rd

    General Information

    Property type
    Land
    Square Feet
    156,816 SF
    Lot Size
    156,816 SF

    HighLights

    • 156,816 SF lot available
    • 3.6‑acre parcel
    • Adjacent to Riverstone Technology Park
    • High‑traffic location on Philpott Road (12,000 VPD)
    • Priced at $325,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Boston
    County
    Halifax
    State
    Virginia
    Longitude
    -78.9979701
    Latitude
    36.6479247

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, vacant, VA.
    Where is this land located?
    The property is located at 36 Philpott Rd South Boston, VA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 156,816 SF lot available; 3.6-acre parcel; Adjacent to Riverstone Technology Park
    Request Owner's contact information
    36 Philpott Rd South Boston, VA 24592
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    South Boston, VA 24592
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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
    36 Philpott Rd South Boston, VA 24592
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