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Riverside Dr
Danville, VA 24541
Commercial Development Opportunity · Land For Sale
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8.12 AC
Investment Highlights
- Excellent visibility at the intersection of Westover Drive & Riverside Drive
- AADT of 4,500 on Westover Drive
- AADT of 13,000 on Riverside Drive
- Only 6.7 miles or 9 minute drive time to new $650 million Caesars casino
Executive Summary
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.12 AC |
| Property Type | Land | Cross Streets | Westover Dr |
| Property Subtype | Commercial | ||
| Zoning | PS-C - Planned Shopping Center - Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.12 AC |
| Cross Streets | Westover Dr |
| Zoning | PS-C - Planned Shopping Center - Commercial |
1 Lot Available
Lot
| Price | $495,000 | Lot Size | 8.12 AC |
| Price Per AC | $60,960.59 |
| Price | $495,000 |
| Price Per AC | $60,960.59 |
| Lot Size | 8.12 AC |
This 8.12 acre parcel is located at Westover Drive and Riverside Drive (US-58 Business) and is Zoned PSC (Planned Shopping Center). Parcel adjoins a new Dollar General on Westover Drive and is well suited for additional commercial development.
Description
This 8.12 acre parcel is located at the intersection of Westover Drive and Riverside Drive (US-58 Business) and is Zoned PSC (Planned Shopping Center). Parcel adjoins a new Dollar General on Westover Drive and is well suited for additional commercial development. Potential development could include retail, hotel, medical, office, restaurant or gas station. Certain restrictions apply. The property currently generates billboard rent of $1,500 per year. The property owner is a Virginia realtor.
Property Taxes
| Parcel Number | 70726 | Improvements Assessment | $0 |
| Land Assessment | $65,000 | Total Assessment | $65,000 |
Property Taxes
