0 Hinesville Rd Axton, VA 24054
This exceptional 48.28-acre commercial land parcel in Axton, Virginia, presents a unique investment opportunity. Located in Pittsylvania County, zip code 24054, the property boasts over 700 feet of road frontage on Hinesville Road and is situated within the Tunstall School district. The land features a diverse landscape including a spacious four-acre field, perfect for various uses such as residential construction, agricultural pursuits, or subdivision development. A tranquil pond graces the front of the property, offering recreational opportunities. A meandering creek with striking rock formations adds to the natural beauty, while the rear portion of the property is comprised of a mix of hardwood and pine forest, creating a haven for wildlife. Evidence of abundant deer activity is present, particularly near an old home site adjacent to the creek. Its proximity to both Danville and Martinsville, Virginia (less than 30 minutes away), enhances its accessibility and appeal. This versatile property offers endless possibilities for those seeking a private retreat, agricultural venture, or recreational escape in the Virginia countryside. The asking price is $264,000.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.