Commercial Land in Growing
For Sale
$299,000
Colonial Highway, Rustburg, VA 24588
Land, Rustburg, VA
Property SizeContact for details
Lot Size1.13 Acres
Days on Market698
Property Features for Colonial Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school
Yellow Branch Elem
Middle school
Rustburg Midl
High school
Rustburg High
Elementary school district
Campbell
Middle school district
Campbell
High school district
Campbell
Directions
From 29 South, turn left onto 24 East, property is on the right past Dennis Riddle Dr.
Subdivision
Campbell
Standard status
Active
APN
32D-5-1
Lot size
1.13 Acres
Taxes and HOA fees
Tax Description
Augusta Springs Phase 1
Legal Description
Augusta Springs Phase 1
Listing Agency:
Watts Auction Realty Appraisals Inc
(434) 821-5263
Listed By:
Charlie A Watts II · License #0225086405
(434) 821-5263
Added: Sep 24, 2024
Changed: Aug 19
Last Checked: Aug 22 at 12:06PM
MLS# 354826
Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.127-acre commercial lot is located in Rustburg, Virginia, within an up-and-coming housing development. The site is ready for development with water and sewer utilities available. Potential business opportunities include a coffee shop, restaurant, or office building. The owner offers the option to sell the lot as-is or provide a build-to-suit service.
Key Highlights
- Site ready lot with water and sewer available
- Opportunity to start a business in an up and coming housing development
- Owner will sell the lot or build to suit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 24588, VA
9,196
Population
4,049
Households
2.3
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
72.1 sq mi
ZIP Area
128
Density / Sq Mi
$68,869
Median Household Income
$40,174
Median Earnings
$688
Median Rent
$204,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Site-ready commercial lot with utilities in Rustburg, Virginia.
Where is this commercial land located?
The property is located at Colonial Highway Rustburg, VA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Site ready lot with water and sewer available; Opportunity to start a business in an up and coming housing development; Owner will sell the lot or build to suit
