Us-58 South Hill, VA 23970
- Land
- 30.73 lot acres
Current Use by Public Records
- Land
Property Details for 0 Us-58
- Lot size
- 30.73 lot acres
- Property type
- Land
Description
This exceptional 30.73-acre parcel presents a remarkable investment opportunity in South Hill, Virginia. Strategically located adjacent to a Walmart Supercenter and in close proximity to Interstate 85, this property enjoys a prime retail corridor position. The land is zoned for the development of up to 300 apartments, catering to the growing demand for residential housing in the area. Its advantageous location offers easy access to major transportation routes, enhancing its appeal to potential residents and businesses alike. Further enhancing its value, this property is situated just four miles from the planned Microsoft Hillcrest Data Center, a significant development that will undoubtedly stimulate economic growth in the region. The property's location within an Opportunity Zone provides additional tax advantages for investors. The parcel's Property Identification Number (PIN) is 28889. The asking price for this exceptional land is $899,000. This represents a unique chance to acquire a substantial tract of land with significant development potential in a thriving area of Mecklenburg County. The address is US-58, South Hill, VA 23970.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Hill
- County
- Mecklenburg
- State
- Virginia
- Longitude
- -78.0965
- Latitude
- 36.7096
