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    Tbd Franklin Tnpk Dry Fork, VA 24540

    Sponsored
    For Sale
    $395,000

    1.92 Acres, High Visibility, $395,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.92-acre commercial land parcel presents a remarkable investment opportunity in Danville, Virginia. Strategically located on TBD Franklin Turnpike, this property boasts a highly desirable corner lot position directly across from the Shadowwood Mart, ensuring excellent visibility and accessibility for any commercial venture. Its proximity to Route 29 provides convenient access to major transportation arteries, enhancing its appeal to a wide range of businesses. The land is zoned for commercial use (specific zoning details available upon request) and offers significant potential for development. The asking price is $395,000. Given its prime location, high visibility, and convenient access to Route 29 and the Shadowwood Mart, this property represents a rare chance to acquire a valuable piece of commercial real estate in a growing area. The lot size is ideal for a variety of commercial uses, from retail establishments to office spaces, and its corner location maximizes exposure to potential customers. Detailed site plans and surveys are available upon request. Don't miss this opportunity to secure a prominent location in a thriving commercial area. The property is situated in Danville city, Virginia, with a zip code of 24540. Further information regarding utilities and potential development restrictions can be provided upon request. Serious inquiries only.

    Property Features for 0 Tbd Franklin Tnpk

    General Information

    Property type
    Land
    Lot Size
    83,635 SF

    HighLights

    • 1.92‑acre commercial lot in Danville, VA.
    • Highly visible corner lot across from Shadowwood Mart.
    • Excellent access to Route 29.
    • Zoned for commercial use; details available upon request.
    • Offered at $395,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dry Fork
    County
    Danville city
    State
    Virginia
    Longitude
    -79.4759861
    Latitude
    36.7140107

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    Nearby Similar for Sale

    • $129,000
      Pending

      Tunstall Area Fixer Upper Ranch

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      Remodeled Home with Dual Suites

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      View Details

    FAQs

    What type of property is this?
    Land - 1.92 Acres, High Visibility, $395,000
    Where is this land located?
    The property is located at Tbd Franklin Tnpk Dry Fork, VA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 1.92-acre commercial lot in Danville, VA.; Highly visible corner lot across from Shadowwood Mart.; Excellent access to Route 29.
    Request Owner's contact information
    Tbd Franklin Tnpk Dry Fork, VA 24540
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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
    Tbd Franklin Tnpk Dry Fork, VA 24540
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