120 Morewood RdHardy, VA 24101

Property Details for 120 Morewood Rd

Lot size

3.00 AC

Zone code

B2

Property type

Commercial land

APN

030 00-010 00

APU

300001000

Description

This exceptional 3-acre commercial lot presents a remarkable investment opportunity in the thriving Westlake area of Smith Mountain Lake, Virginia. Located at 120 Morewood Road, Hardy, VA 24101 (APN: 0300001000), this property boasts over 300 feet of road frontage and benefits from its strategic position near the intersection of Route 122/Booker T Washington Highway and the Westlake Towne Center. The property is zoned B-2, allowing for a variety of commercial uses. Its prime location is further enhanced by its proximity to established businesses and residential developments. Across the street sits the brand new, 72-unit Westlake Apartment Homes, ensuring a high volume of potential customers. The surrounding area includes well-established commercial entities such as Carilion Clinic, Westlake Professional Park, and the Runk & Platt Smith Mountain Lake Retirement Village, a senior living community. This property offers significant potential for developers and investors seeking a high-visibility location within a rapidly growing community. The asking price is $325,000. Don't miss this chance to acquire a highly desirable commercial parcel in a sought-after location.

• Alternative Use

  Use

  Valuation

  Residential

  $16,410,500

  Hospitality

  $15,031,930

  Educational

  $12,506,389

  Medical

  $12,936,503

  Retail

  $19,454,382

Location Insight

City

Hardy

County

Franklin

State

Virginia

Latitude

37.1211

Longitude

-79.7176

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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