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    Penhook, VA
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    Multifamily Properties for Sale in Penhook, VA

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. While there is a shortage of Active listings in Penhook, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

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    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    201 S Main Street, Gretna, VA 24557

    $399,900
    10,004 sqft 0.26 AC lot

    Street-level retail space accompanies seven residential units in a two-story building.

    View details
    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    201 S Main Street, Gretna, VA 24557

    $399,900
    10,004 sqft 0.26 AC lot

    Mixed-use property with street-level retail space and seven apartments above, each with in-unit appliances and heat pump comfort.

    View details
    Duplex with Detached Garage Apartment
    Duplex with Detached Garage Apartment

    114 W CHURCH St, Rocky Mount, VA 24151

    $399,999
    0.35 AC lot

    CBD-zoned property combines a primary residence with a separate apartment above a detached garage.

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    Duplex with Detached Garage Apartment
    Duplex with Detached Garage Apartment

    114 W CHURCH St, Rocky Mount, VA 24151

    $399,999
    0.35 AC lot

    CBD zoning permits offices, retail, salons, cultural venues, and other approved commercial uses.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Altavista Land For Sale
    Altavista Land For Sale

    0-Tract 7 Dearing Ford Road, Altavista, VA 24517

    $39,900
    1.31 AC lot

    1.31 acre multi-family zoned land near Altavista shopping.

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    Land in Gladys, Virginia
    Land in Gladys, Virginia

    3B Mohawk, Gladys, VA 24554

    Contact for pricing
    2.00 AC lot

    Two-acre lot suitable for various residential builds.

    View details
    Commercial Land with Small Building
    Commercial Land with Small Building

    342 Morehead Avenue, Ridgeway, VA 24148

    $188,000
    252 sqft 2.68 AC lot

    Commercial parcel with an existing small building and single bathroom.

    View details
    Commercial Land Near Retail Anchor
    Commercial Land Near Retail Anchor

    342 Morehead Avenue, Ridgeway, VA 24148

    $188,000
    2.68 AC lot

    Commercial land along Morehead Avenue with potential for several small-business uses.

    View details

    Penhook, VA Multifamily Properties Market Trends and Statistics

    Explore 0 multifamily properties for sale in Penhook, VA on our real estate platform.

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 1

    Demographics Overview

    Population 2,695
    Population Growth (5Y) +0.8%
    Median Household Income $66,250
    College Educated 30.3%

    Taxes & Financing

    Tax Rate (average for all types) 0.56%
    Property Tax per SF $40.41 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Franklin County

    New Delisted

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