279-259 Campbell Hwy Rustburg, VA 24588
This exceptional commercial opportunity encompasses two adjacent parcels totaling 1.41 acres at 279-259 Campbell Highway in Rustburg, Virginia. Currently zoned Business 4, this property presents significant potential for redevelopment. The combined parcels feature two existing homes, each situated on a separate 0.41-acre lot, requiring renovation. Both lots boast convenient access to county water, a well, and a septic system. The existing structures could be repurposed into office space, storage facilities, or maintained for residential use, offering flexibility for a variety of commercial or residential ventures. The strategic location directly precedes the overpass entering Rustburg from Highway 501 South, ensuring high visibility and convenient access for businesses. The property's proximity to a Dollar General store further enhances its commercial appeal. This is a rare opportunity to acquire a substantial land holding in a prime Rustburg location with significant development potential. The combined 1,100 square feet of existing building space offers a solid foundation for future projects. This property is being sold as a single unit, presenting a unique chance to shape the future of this high-traffic area. The existing infrastructure, including water and septic systems, simplifies the development process. Don't miss this chance to acquire a valuable piece of Rustburg real estate.
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
Similar Nearby for Lease
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.