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American Legion Blvd 48.53 Acres of Commercial Land Offered at $6,910,033 CAD in Danville, VA 24540
INVESTMENT HIGHLIGHTS
- Prime frontage on E Franklin Turnpike with strong visibility.
- Subdividable acreage offers flexible development options.
- Zoned HRC, ideal for retail, service, and mixed-use.
- Easy access to regional highways and infrastructure.
EXECUTIVE SUMMARY
Ideal for retail businesses, restaurant establishments, mixed-use developments, warehousing and distribution centers, and industrial facilities.
Across from the View at Franklin Apartment complex. Recently built and opened in 2025. Currently 140 apartments with 100 more to be built.
Less than 7 miles from Caesar's Casino.
PROPERTY FACTS
| Price | $6,910,033 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 48.53 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | HRC - Highway Retail Commercial | ||
| Price | $6,910,033 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 48.53 AC |
| Opportunity Zone |
Yes |
| Zoning | HRC - Highway Retail Commercial |
1 LOT AVAILABLE
Lot
| Price | $6,910,033 CAD | Lot Size | 48.53 AC |
| Price Per AC | $142,381.64 CAD |
| Price | $6,910,033 CAD |
| Price Per AC | $142,381.64 CAD |
| Lot Size | 48.53 AC |
+/- 48.53 AC of land for sale. 2,700 +/- feet of road frontage with commercial entrance. Zoned HRC. Water, Sewer, & Gas on site. Located in the Opportunity Zone. Land can be subdivided. 12-inch ductile iron water line & 6-inch gas line on property.
DESCRIPTION
Positioned along the highly visible E Franklin Turnpike corridor, this expansive 48.53-acre parcel offers a rare opportunity for developers and investors seeking a prime commercial footprint in Danville City. Zoned HRC (Highway Retail Commercial), the site is ideally suited for a wide range of retail, service, and mixed-use developments. With excellent frontage and strong visibility, the property benefits from high traffic counts and direct access to one of the city’s most traveled thoroughfares.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $43,201 CAD | Total Assessment | $43,201 CAD |
PROPERTY TAXES
Presented by
D&R Jones LLC
American Legion Blvd
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