Residential Income

Drakes Branch, VA Residential Income Properties for Sale

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Keysville, VA Saxe, VA Charlotte Court House, VA Randolph, VA Phenix, VA Clover, VA Wylliesburg, VA Cullen, VA
Land in Drakes Branch, VA
Updated: Sep 3, 2025
Land in Drakes Branch, VA

1144 Mt. Mitchell, Drakes Branch, VA 23937

$79,000
7.00 AC lot
7 acres of level land.
Convenient location between South Boston and Keysville.
Access to Farmville and South Hill.
Access to Buggs Island / Kerr Reservoir.
Timber rights (timber is being sold).
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Drakes Branch, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restored Farm Property with Farmhouse
Restored Farm Property with Farmhouse

1000 Locust St, South Hill, VA 23970

$599,000
2,008 sqft 37.90 AC lot

Restored farmhouse on 37.90 acres with metal roof, public water, and septic, plus managed pine timber acreage.

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Farm Property with Fixer-Upper Farmhouse
Farm Property with Fixer-Upper Farmhouse

199 Wilkerson Road, Clarksville, VA 23927

$189,000
1,500 sqft 9.05 AC lot

Agricultural-zoned farm property with a fixer-upper farmhouse, well and septic, plus multiple outbuildings on private acreage.

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Lake Home with Community Dock
Lake Home with Community Dock

595 Jeffress Road, Clarksville, VA 23927

$384,500
1,456 sqft 0.69 AC lot

Three-bedroom, two-bath home near Kerr Lake and downtown Clarksville.

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C2-Zoned Duplex
C2-Zoned Duplex

901 W. Danville Street, South Hill, VA 23970

Contact for pricing

Two-unit rental property with shared laundry and included kitchen appliances.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Drakes Branch Land Opportunity
Drakes Branch Land Opportunity

Old Kings Road, Drakes Branch, VA 23937

$150,000
43.71 AC lot

43 acres of land near Kings Highway, Drakes Branch, VA.

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Wooded Land with Creek Frontage
Wooded Land with Creek Frontage

Springfield Rd lot: 37, Meherrin, VA 23954

$139,900
28.75 AC lot

Unrestricted 28.75-acre wooded land with creek, near Farmville, VA.

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Clover, VA Wooded Acreage
Clover, VA Wooded Acreage

3.50 AC Neals Corner Road, Clover, VA 24534

$34,900
3.50 AC lot

3.5 acres in Clover, VA, ideal for building or recreation.

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Clover, VA Wooded Acreage
Clover, VA Wooded Acreage

3.09 AC Neals Corner Road, Clover, VA 24534

$31,900
3.09 AC lot

3.09 acres in Whispering Pines, ideal for building.

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Drakes Branch, VA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Drakes Branch, VA on our real estate platform.

Sale prices for residential income properties in Drakes Branch, VA average $79,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Single family properties 1

Demographics Overview

Population 2,079
Population Growth (5Y) -3.5%
Median Household Income $37,118
College Educated 11.9%

High-Yield Neighborhoods for Investment

Identify Drakes Branch submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23937 $79K

Taxes & Financing

Tax Rate (average for all types) 0.62%
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Charlotte County

New Delisted

Total CRE Inventory on Market (SF)

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