3313 U S Highway 29Danville, VA 24540

This exceptional 66.8-acre property, located at 3313 US Hwy 29 South in Danville, Virginia (zip code 24540), presents a unique investment opportunity. Currently zoned TBD, the land is ideally suited for rezoning to accommodate multi-family, mixed-use residential development. The site boasts multiple access points from US Highway 29 Business, Piney Forest Road, and Franklin Turnpike, offering excellent visibility and convenient access. Its strategic location behind an existing shopping center provides immediate proximity to retail amenities. The property's features include city water and sewer availability, including an on-site sewer pump station, making infrastructure readily accessible for development. A picturesque creek running through the property offers potential for green spaces or a conservation easement. The land also includes marketable timber, adding further value to the investment. The high demand for residential properties in the area makes this a timely and attractive opportunity. Furthermore, the possibility of acquiring an additional twenty-plus acres expands the development potential significantly. This property is priced at $2,300,000.