For Sale
$4,250,000

2448 Lake Monticello RdPalmyra, VA 22963

35 Acres, Prime Development Opportunity

Overview

Added:
Feb 3
Days on market:
64
This exceptional 34.94-acre commercial land parcel presents a rare investment opportunity in Palmyra, VA. Located near Lake Monticello, this property comprises six contiguous parcels, strategically positioned within a thriving residential community. The existing zoning allows for a wide range of commercial developments, making it ideal for projects such as medical facilities, grocery stores, or retail establishments. The area experiences significant residential and tourist traffic, ensuring a robust customer base for any new business. The property's significant advantage lies in its pre-existing water and power infrastructure, significantly reducing development time and costs. This streamlined approach allows for a quicker return on investment. The site's proximity to Lake Monticello's beaches and community amenities further enhances its appeal, offering both convenience and a desirable location for businesses. This is a unique chance to capitalize on the growing demand for commercial services in this vibrant community, offering substantial potential for long-term growth and profitability. The property is priced at $4,250,000 and presents a compelling opportunity for developers seeking a prime location with established infrastructure. Don't miss this chance to secure a piece of Palmyra's burgeoning commercial landscape.

Property Details for 2448 Lake Monticello Rd

Property type
Lot Size (sq. ft)
1,521,986 SF

Location Insight

City
Palmyra
County
Fluvanna
State
Virginia
Latitude
37.92694
Longitude
-78.31908
2448 Lake Monticello Rd, Palmyra, Virginia

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2448 Lake Monticello Rd
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