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Property profile & analytics
OFF-MARKET
Mixed-use properties

0 Deer Run Rd Danville, VA 24540

63 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 63-acre property in Danville, Virginia, presents a unique investment opportunity. Zoned PSC, it offers endless possibilities for development, including hospitality, residential, or mixed-use projects. The land is already cleared and boasts convenient access to city water and sewer lines, with multiple sewer access points. Its strategic location provides one-stoplight access and multiple entrances, enhancing its appeal for large-scale development. Situated approximately three miles from Caesars Casino, this location benefits from the increased tourism and economic activity associated with the casino. The property's size and infrastructure make it ideal for a variety of commercial ventures, including a hotel, motel, or residential complex. The existing infrastructure significantly reduces development costs and timelines, making this a highly attractive investment. This prime location and versatile zoning offer a compelling opportunity for significant return on investment. Serious inquiries only. Asking price: $4,300,000.

Property profile
Verified
Property type Mixed-use properties
Lot 63 ac (2,744,280 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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