41 Franklin Turnpike/Route Danville, VA 24541
This exceptional 12.9-acre commercial land parcel presents a remarkable development opportunity in Danville, Virginia. Ideally situated on the high-traffic Route 41 commercial corridor, the property boasts convenient road frontage on both Franklin Turnpike (Route 41) and Wyatt Drive, ensuring excellent visibility and accessibility. The land is already cleared, significantly reducing upfront development costs and expediting the construction process. Its B-2 zoning allows for a wide range of commercial uses, providing flexibility for diverse development plans. The expansive lot size offers ample space for a variety of projects, from retail centers and office buildings to light industrial facilities. The property's strategic location within the thriving Danville commercial area promises strong returns on investment. With its prime location, cleared land, and flexible zoning, this property is an exceptional opportunity for developers seeking a high-impact commercial venture. The APN is 2410-40-4932. The asking price for this ready-to-develop site is $550,000. This is a for sale by owner listing.
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.