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0000 Lankford Highway Hwy - Pomoco 12 Acres of Commercial Land Offered at $575,000 in Exmore, VA 23350

EXECUTIVE SUMMARY
Auto Zone abuts to the south, Dollar General to the north (across Benjamin St.). Across highway, Holiday In Express and 150,000 sf center anchored by Food Lion and Ace Hardware. Between the Holiday In and the shopping center is a 92-ac tract zoned commercial with a health center and 150 homes proposed. Behind and abutting that proposed development and extending behind the the shopping center, a 870-unit PUD has been proposed on 157 acres of residential-zoned property.
The healthcare center can be built "by right" but balance of property will need down-zoning to residential. Presentation to planning commission work session was warmly received.
870-unit PUD property is current zoned allowing for 305 residential units "by right". Permitting will be needed for proposed density. Presentation to planning department was received less warmly.
The healthcare center can be built "by right" but balance of property will need down-zoning to residential. Presentation to planning commission work session was warmly received.
870-unit PUD property is current zoned allowing for 305 residential units "by right". Permitting will be needed for proposed density. Presentation to planning department was received less warmly.
PROPERTY FACTS
| Price | $575,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.00 AC |
| Property Type | Land | Cross Streets | Benjamin |
| Price | $575,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 12.00 AC |
| Cross Streets | Benjamin |
1 LOT AVAILABLE
Lot
| Price | $575,000 | Lot Size | 12.00 AC |
| Price Per AC | $47,916.67 |
| Price | $575,000 |
| Price Per AC | $47,916.67 |
| Lot Size | 12.00 AC |
12 (+/-) acres cleared, level, high-visibility, commercial zoning at intersection of highway - northbound lane (US Rt 13, four-lane divided) and secondary street. Median cut with turn lane for southbound traffic.
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0000 Lankford Highway Hwy - Pomoco
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