0 Deer Run Rd Danville, VA 24540
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.
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.