58 Hwy, Clarksville, VA 23927
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.
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
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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.