36 Philpott Rd South Boston, VA 24592
This exceptional 3.6-acre commercial land parcel, totaling 156,816 square feet, presents a remarkable investment opportunity in South Boston, Virginia. Located at the intersection of Route 58 and 36 on Philpott Road, this vacant property boasts a prime location with high visibility and accessibility. The site benefits from significant daily traffic volume, with over 12,000 vehicles passing by daily. Its strategic positioning adjacent to the Riverstone Technology Park further enhances its appeal, offering proximity to a thriving business community. Priced at $325,000, this property is ideal for a variety of commercial developments, capitalizing on its substantial size and advantageous location in Halifax County, VA, zip code 24592. The property's proximity to a Dollar General Distribution Center adds to its logistical advantages. This is a rare opportunity to acquire a large, well-situated commercial land parcel in a growing area. Don't miss out on this chance to establish your business in a high-traffic, strategically important location. The property is currently vacant, allowing for immediate development and customization to suit your specific needs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.