123 Radio RdBrookneal, VA 24528

  • Commercial real estate
  • 1,170 SF
For Sale
$65,900 View listing

Property Details for 123 Radio Rd

Year built
1970
Construction
FRAME
Lot size
0.48 AC
Property size (Sq ft)
1,170 SF
Property type
Commercial real estate
APN
103C-30000-063-B
APU
103C30000063B

Description

This exceptional 0.48-acre property at 123 Radio Road, Brookneal, VA, presents a unique investment opportunity. Located directly across from the public boat launch on the Staunton River, this cleared and flat lot offers unparalleled access to recreational activities. The 1,170 square foot property boasts a rich history as a former radio station, with remnants of the station's infrastructure still in place. This includes existing radio equipment, satellite dishes, and a camper, all of which are included in the sale. The property's prime location and unique features make it ideal for a variety of uses, from redevelopment into a residential or commercial venture, to repurposing the existing radio equipment for a new broadcasting project. The flat, cleared lot simplifies development, minimizing site preparation costs. The proximity to the river provides exceptional views and recreational opportunities. This is a rare chance to acquire a piece of Brookneal history with significant potential for future development or creative repurposing. The asking price is $65,900. Serious inquiries only. All aspects of the property are sold as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $200,178
    Hospitality
    $183,362
    Educational
    $152,555
    Medical
    $157,801
    Retail
    $237,307

Location Insight

City
Brookneal
County
Campbell
State
Virginia
Latitude
37.0392
Longitude
-78.9422
CBSA code
31340
CBSA name
LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$239
$2,900
$50,200
$53,100
-
$2,900
$50,200
$53,100

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