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Lowes Dr
Danville, VA 24540
Land For Sale
·
1.00 AC
INVESTMENT HIGHLIGHTS
- Strong demographics and a high daytime population
- Adjacent to the newly sold Crown Drive center
- Access to major national tenants
EXECUTIVE SUMMARY
• Adjacently to Crown Dr center that was sold for development in February 2025
• Join Nearby National Tenants – Lowes, Truist, Badock Furniture, Hobby Lobby, Olive Garden, Applebee’s, Mattress Warehouse & more
• Located in high- growth Danville
• Excellent demographics
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 1.00 AC |
| Zoning | Commercial - Commerical zoning. | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.00 AC |
| Zoning | Commercial - Commerical zoning. |
1 LOT AVAILABLE
Lot
| Price | $750,000 | Lot Size | 1.00 AC |
| Price Per AC | $750,000.00 |
| Price | $750,000 |
| Price Per AC | $750,000.00 |
| Lot Size | 1.00 AC |
1.004 acre retail site for sale
DESCRIPTION
This exceptional 1.004-acre retail/commercial site presents a prime opportunity in the thriving Danville market. Positioned adjacent to the newly sold Crown Drive center—transferred for development in February 2025—this property is strategically located among a powerhouse mix of national retailers, including Lowe’s, Truist Bank, Badcock Furniture, Hobby Lobby, Olive Garden, Applebee’s, and Mattress Warehouse, among others. The site benefits from strong demographics and a high daytime population, making it ideal for retail, service, or commercial use. Within a 5-mile radius, the area supports over 50,000 residents, nearly 23,000 households, and a daytime population approaching 56,000, ensuring a steady stream of potential customers. The average household income climbs to $60,704 within this range, reflecting solid local purchasing power. Furthermore, the median age of 44.6 to 51.9 across the area indicates a mature and established consumer base.
PROPERTY TAXES
| Parcel Number | 78319 | Improvements Assessment | $0 |
| Land Assessment | $175,000 | Total Assessment | $175,000 |
PROPERTY TAXES
