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    12800 Booker T Washington Hwy Hardy, VA 24101

    • Land
    • 56.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 12800 Booker T Washington Hwy

    Lot size
    56.62 lot acres
    Property type
    Land

    Description

    This exceptional 56.62-acre commercial land parcel in Hardy, Virginia, presents a significant investment opportunity. Located at 12800 Booker T Washington Hwy, 24101, this property boasts a prime location adjacent to Westlake Towne Center, the largest commercial district in the Smith Mountain Lake area. The site benefits from high visibility and accessibility, with daily traffic counts exceeding 15,000 vehicles on Route 122. Currently zoned PCD, the land offers versatile development potential. Utilities are readily available through the Western Virginia Water Authority, providing access to water and sewer services. The property's configuration allows for the development of commercial outparcels along Route 122, while the rear portion is suitable for single or multifamily housing. The asking price is $4,000,000, translating to approximately $70,646 per acre. This represents a compelling investment in a thriving commercial area with significant growth potential. The property is owned by Willard Investment Properties, LLC. This is a rare opportunity to acquire a large, strategically located parcel in a high-demand area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hardy
    County
    Franklin
    State
    Virginia
    Longitude
    -79.7241
    Latitude
    37.1204

    Comparable in this City

    • Value Estimation by Request

      Builders Pride Dr

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      Booker T Washington Hwy

      Land • 42.45 Acres
      0 Booker T Washington Hwy, Wirtz, VA 24101
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    • Value Estimation by Request
      1.76 Acres

      3414 Edwardsville Rd

      VACANT COMMERCIAL LAND • 1.76 Acres
      3414 Edwardsville Rd, Hardy, VA 24101-5504
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      0.15 Acres

      Church Dr

      VACANT COMMERCIAL LAND • 0.15 Acres
      Church Dr, Hardy, VA 24101
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    • Value Estimation by Request
      1.38 Acres

      Builders Pride Dr

      VACANT COMMERCIAL LAND • 1.38 Acres
      Builders Pride Dr, Hardy, VA 24101
      View Details
    • Value Estimation by Request
      1.11 Acres

      Westlake Rd

      VACANT COMMERCIAL LAND • 1.11 Acres
      Westlake Rd, Hardy, VA 24101
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      7,221 SF

      Retail and Restaurant Spaces Available

      Retail and restaurant spaces for lease in Westlake Shopping Center.
      13307-13369 Booker T Washington Hwy, Hardy, VA 24101
      View Details
    • $12 SF/Yr
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      Resort Area Retail/Office Space

      In-line office, restaurant, and retail/service space for lease.
      13385-13423 Booker T Washington Hwy, Hardy, VA 24101
      View Details
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    Hardy, VA 24101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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