11766 Old Franklin Tpke, Union Hall, VA 24176

$1,650,000

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List Price
$1,650,000
Days on Market
1115
Status
ACTIVE
MLS#
901572
Lot Size (Acres)
85

Property Description

Prime Commercial investment property located in beautiful Smith Mountain Lake, VA. Property is located in Designated Growth Area(DGA) of the comprehensive plan for Franklin County with immediate access to route 40. Unlock the potential of 85+ acres in Franklin County's Designated Growth Area (DGA)—a high‑visibility location ideal for commercial or mixed‑use development. Spanning four parcels this property offers exceptional frontage, accessibility, and long‑term growth opportunity. Infrastructure is already underway, with the Western Virginia Water Authority and Franklin County completing a new community water system serving the Union Hall Village Center and this site. Perfect for investors or developers seeking scale and strategic positioning, this property also includes available concept and development plans for Southlake Towne Center to help accelerate your vision.

Additional Information

Area
0400 - Franklin County
Subdivision
NA
Neighborhood
0400 - Franklin County
Taxes
$3,054
Water
Other
Sewer
Other
Elementary School
Glade Hill
Middle School
Ben Franklin Middle
High School
Franklin County
Remarks
Prime Commercial investment property located in beautiful Smith Mountain Lake, VA. Property is located in Designated Growth Area(DGA) of the comprehensive plan for Franklin County with immediate access to route 40. Unlock the potential of 85+ acres in Franklin County's Designated Growth Area (DGA)—a high‑visibility location ideal for commercial or mixed‑use development. Spanning four parcels this property offers exceptional frontage, accessibility, and long‑term growth opportunity. Infrastructure is already underway, with the Western Virginia Water Authority and Franklin County completing a new community water system serving the Union Hall Village Center and this site. Perfect for investors or developers seeking scale and strategic positioning, this property also includes available concept and development plans for Southlake Towne Center to help accelerate your vision.

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Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE.