612 Mount Cross Rd 3.5 Acres of Commercial Land Offered at $429,900 in Danville, VA 24540

RARE! 3.5-ACRE PS-C COMMERCIAL SITE | MOUNT CROSS ROAD | CASINO-BOOM CORRIDOR | 4-LANE EXPANSION

EXCEPTIONAL COMMERCIAL DEVELOPMENT OPPORTUNITY IN DANVILLE'S HOTTEST GROWTH CORRIDOR
PROPERTY OVERVIEW:

3.5 acres with premium PS-C (Planned Shopping Center) zoning on Mount Cross Road, Danville's primary commercial thoroughfare. This strategically positioned site sits in the epicenter of unprecedented economic growth driven by the newly opened $750 million Caesars Virginia casino resort and major infrastructure improvements transforming the region.

ZONING & PERMITTED USES:

Primary Zoning: PS-C (Planned Shopping Center District)

Grandfathered Rights: Residential use permitted (property previously housed residential structure)

Permitted Commercial Uses Include:
• Retail stores and shopping centers
• Restaurants and food service establishments
• Professional and medical offices
• Personal service businesses
• Financial institutions
• Entertainment venues
• Mixed-use developments
• Additional uses per City of Danville Zoning Code (see attached documentation)

UNMATCHED DUAL-USE FLEXIBILITY:

This property offers exceptional versatility rarely found in commercial land. The PS-C zoning provides extensive commercial development rights while grandfathered residential use preserves the option for residential or mixed-use projects. This dual capability significantly expands your development options and appeals to diverse investor profiles.

LOCATION ADVANTAGES - GAME-CHANGING CORRIDOR:
Mount Cross Road serves as Danville's premier retail and commercial artery, currently carrying 10,000+ vehicles per day with traffic volumes expected to surge significantly following completion of the 4-lane expansion project.

Key Proximity Features:
Adjacent to Walmart Supercenter (515 Mount Cross Rd) - major retail anchor generating consistent high-volume Traffic Minutes from Caesars Virginia - $750 million casino resort opened December 2024. Direct access to Danville's primary commercial corridor.
Positioned between established retail centers and explosive casino-driven growth zone.
Easy access to residential neighborhoods and major employment centers.

INFRASTRUCTURE CATALYST - 4-LANE EXPANSION PROJECT:
Mount Cross Road is undergoing a federally-funded widening project expanding the roadway from 2 lanes to 4 lanes with raised median. This $33.5+ million infrastructure improvement and expansion project represents a Once-in-a-Generation infrastructure investment that will fundamentally transform Mount Cross Road into Danville's most desirable commercial address.

CAESARS VIRGINIA ECONOMIC IMPACT:
The opening of Caesars Virginia casino resort has created an unprecedented economic boom throughout the region:
$750 million total investment (nearly double original projections)
Generated $222 million in gaming revenue in first 11 months of temporary casino operation.
900-1,300 permanent jobs at full resort operation.
Critical housing shortage: Market requires 600+ new houses and 700+ apartments to accommodate casino workforce
Commercial development surge: Boutique hotels, restaurants, mixed-use projects actively being developed throughout casino impact zone.
$25 million annually in direct casino revenue to City of Danville enabling continued infrastructure and development investments.

PROVEN RETAIL CORRIDOR:
Mount Cross Road has established itself as Danville's retail powerhouse with major anchors including Walmart Supercenter, Lowes, and proximity to Danville Mall. The corridor benefits from:

DEVELOPMENT-READY ATTRIBUTES:
Consistent daily traffic from established residential neighborhoods.
Cross-regional draw serving Danville and surrounding counties.
Proven retail performance demonstrating sustained consumer demand.
Continuous development activity with new projects regularly announced.

FINANCIAL CONSIDERATIONS:
List Price: $429,900 ($122,829 per acre)
Pricing reflects: Premium location, PS-C zoning, casino proximity, 4-lane expansion impact, dual-use flexibility.
Comparable sales: Mount Cross Road commercial parcels commanding premium pricing due to corridor transformation.
Appreciation potential: Infrastructure improvements and casino-driven growth suggest strong near-term value appreciation.
Investment profile: Income-producing commercial development with stable, long-term cash flow potential.

MARKET TIMING - STRIKE WHILE OPPORTUNITY EXISTS:
Danville is experiencing its most significant economic transformation in decades. The convergence of the Caesars casino opening, major infrastructure improvements, housing.
Shortage, and sustained commercial development activity creates a rare window of opportunity for strategic land acquisition. Properties in premium corridors like Mount Cross.
Properties are being absorbed rapidly by developers capitalizing on the casino boom.

DISCLOSURE:
All prospective buyers must independently verify zoning classifications, permitted uses, utility availability, development requirements, and site conditions with the City of Danville Planning & Zoning Department. Traffic counts, casino revenue figures, and infrastructure project details derived from public records and government sources.
Property offered "as-is, where-is" with no warranties expressed or implied. Seller makes no representations regarding development feasibility, soil conditions, environmental status, or fitness for any particular use.