Commercial Land with Major Highway
For Sale
$599,000
Prince Edward Highway, Rice, VA 23966
LAND - Rice, VA
Property SizeContact for details
Lot Size13.80 Acres
Days on Market409
Property Features for Prince Edward Highway
General Information
Property type
Land
Property subtype
Other
Lot features
Acreage
Subdivision
Prince Edward
Standard status
Active
Lot size
13.80 Acres
Listing Agency:
RE/MAX Advantage Plus
(434) 392-1999
Listed By:
Marshall Simpson · License #225230244
(434) 547-6193
Added: Jul 11, 2025
Changed: Jul 9
Last Checked: Aug 23 at 8:06AM
MLS# 57521
Copyright © 2026 South Central Association of Realtors. 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 13.8-acre commercial land parcel offers more than 1,000 feet of road frontage, providing substantial exposure for a future development. The property also includes a billboard, adding an existing form of advertising infrastructure on-site.
The site is located on Prince Edward Highway in Rice, Virginia, positioned directly across from Dollar General. It sits at the corner of Route 307, creating a prominent roadside setting for commercial uses that benefit from visibility to passersby.
With extensive frontage and an on-site billboard, the property is a practical fit for a range of commercial development concepts, including retail and office uses. Prospective buyers should consider the site’s existing advertising component and road access features as part of their planning for tenant visibility, signage strategy, and overall project positioning.
The site is located on Prince Edward Highway in Rice, Virginia, positioned directly across from Dollar General. It sits at the corner of Route 307, creating a prominent roadside setting for commercial uses that benefit from visibility to passersby.
With extensive frontage and an on-site billboard, the property is a practical fit for a range of commercial development concepts, including retail and office uses. Prospective buyers should consider the site’s existing advertising component and road access features as part of their planning for tenant visibility, signage strategy, and overall project positioning.
Key Highlights
- Prime commercial location directly across from Dollar General in Rice, VA.
- Over 1,000 feet of road frontage on Prince Edward Highway.
- High visibility and exposure at the corner of Route 307.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 23966, VA
2,449
Population
1,036
Households
2.4
Avg Household Size
46
Median Age
21%
College-Educated
82%
High-School Grad
59.5 sq mi
ZIP Area
41
Density / Sq Mi
$58,101
Median Household Income
$50,694
Median Earnings
$1,019
Median Rent
$188,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 13.8-acre development site with over 1,000 feet of highway frontage and an on-site billboard.
Where is this commercial land located?
The property is located at Prince Edward Highway Rice, VA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime commercial location directly across from Dollar General in Rice, VA.; Over 1,000 feet of road frontage on Prince Edward Highway.; High visibility and exposure at the corner of Route 307.
