00 Franklin Tpke Danville, VA 24540
This prime commercial land parcel, located in Danville, Virginia's Mount Hermon area, presents a unique investment opportunity. The 0.76-acre lot is zoned B2, offering a wide range of potential commercial uses. The property consists of three existing buildings, currently vacant, providing flexibility for redevelopment or repurposing. Its strategic location on Franklin Turnpike ensures high visibility and accessibility. This listing presents a compelling opportunity for developers or investors seeking a foothold in a thriving commercial area. The asking price is $259,900. Note that two adjoining properties are also available for purchase, offering the potential for a larger acquisition. The property's address is 00 Franklin Turnpike, Danville, VA 24540, within Pittsylvania County. The property is currently vacant, allowing for immediate development or lease. The B2 zoning designation opens doors to a variety of commercial ventures. This is a rare chance to acquire a well-situated commercial land parcel in a growing market. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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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.