1013 Bill Tuck Hwy South Boston, VA 24592
This exceptional commercial land parcel, identified as Lot #1 at 1013 Bill Tuck Highway in South Boston, Virginia (zip code 24592), presents a lucrative investment opportunity. Spanning 1 to 3.25 acres, this property boasts a highly desirable B2 zoning designation, making it suitable for a wide range of commercial ventures, including hotels, restaurants, retail establishments, or office spaces. Situated at the intersection of US 58 and US 501, it benefits from one of the highest traffic counts in Halifax County, ensuring exceptional visibility and accessibility. The site is conveniently located near numerous thriving businesses, including fast-food restaurants, Sheetz, and a bank, further enhancing its appeal. Infrastructure is already in place, with fiber optics, large-capacity water, and sewer lines readily available. A completed environmental study is available for review, ensuring a smooth and efficient development process. Its strategic location offers easy access to major attractions and employment centers, including the Caesars Casino in Danville, VA, the Microsoft Data Center in Boydton, VA, Buggs Island Lake, and Virginia International Raceway. The property is also within eight miles of a technology and industrial park, home to significant businesses such as Hitachi Energy, Iperionx, Annin Flags, Reynolds Consumer Products/Presto, Dollar General, and Aquatic Bathware USA. The presence of multiple hotels nearby further underscores the area's strong commercial activity. The asking price for this exceptional property is $825,000. APN numbers are 35472 & 19386.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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