Property Summary
Borders Dan Daniel Memorial Park in Downtown Danville
HIGHLIGHTS
- 26 +/- acres zoned by right for at least 110 single-family residences
- Excellent subdivision or build-to-rent opportunity in a severely supply-constrained market
- 3 houses currently on site provide in-place residential income for a total of $30,000/year
- Caesars Virginia resort and casino expected to create more than $30 million per year in recurring revenue (click here for article)
- 13 parcels
PROXIMITY
- Dan Daniel Memorial Park
- Dan River
- Downtown Danville
- Casino (opening 2023)
- Access to interstates
- Amtrak service
- Drivable to Richmond, Washington DC, & Research Triangle Park, NC
- Over 14 educational institutions within a 2 1/2 hours’ drive
PROPERTY DETAILS
| Units | 110 |
|---|---|
| Parcel ID | 73476, 73479, 73480, 73481, 74469, 78385, 73475, 73477, 74513, 74518, 74539, 76296, 76299 |
| Zoning Desc. | S-R & A-R |
| Co-broker Fee | Yes |