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    OFF-MARKET
    Land

    58 Hwy, Clarksville, VA 23927

    1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.1-acre commercial land parcel presents a unique investment opportunity in Clarksville, Virginia. Located on Highway 58, this property boasts significant frontage on both Highway 58 (255 feet) and Mansion (200 feet), offering excellent visibility and accessibility. The zoning is currently residential (res), presenting potential for various commercial developments, subject to local planning approvals. Situated in Mecklenburg County, zip code 23927, this property is part of a mixed-use corridor along Highway 58, combining residential and commercial elements. Its prime location offers easy access to the amenities and attractions of the Kerr Lake region, known for its large lake and a blend of small-town charm and the presence of major corporations like Microsoft. The property's lakefront position is a significant advantage, being the only lakefront town in Virginia. This presents a rare chance to develop a business with stunning lake views and convenient highway access. A virtual tour is available for a detailed visual inspection. The asking price for this remarkable property is $35,000. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 1.1 ac (47,916 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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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