120 Morewood Rd, Hardy, VA 24101

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List Price
$295,000
Days on Market
54
Status
ACTIVE
MLS#
930973
Lot Size (Acres)
3

Property Description

3 Acres B2 Commercial - Westlake, Franklin County | Priced Below Assessed Value Excellent commercial development opportunity in the heart of Westlake, one of Franklin County's most active retail corridors. This ±3-acre parcel is zoned B2 (General Business) and fronts directly on Morewood Rd, offering strong visibility and access in a high-traffic, amenity-rich location. The site is immediately adjacent to a Virginia Credit Union branch and Advance Auto Parts, with CVS Pharmacy, Kroger, Wendy's, Atlantic Union Bank, and Westlake Towne Center all within the immediate corridor. Westlake Village apartments border the parcel to the southeast, providing built-in rooftop density for retail, medical, or office users. Topography is level to gently wooded, offering flexibility for site planning. Ideal for retail, medical, office, or other B2 commercial uses. Assessed value of $339,800, offering a built-in value opportunity for a buyer or developer. Buyer to verify all zoning, utility, and site development requirements with Franklin County.

Additional Information

Area
0490 - SML Franklin County
Subdivision
N/A
Neighborhood
0490 - SML Franklin County
Taxes
$1,597
Water
Public
Sewer
Public Sewer
Elementary School
Dudley
Middle School
Ben Franklin Middle
High School
Franklin County
Remarks
3 Acres B2 Commercial - Westlake, Franklin County | Priced Below Assessed Value Excellent commercial development opportunity in the heart of Westlake, one of Franklin County's most active retail corridors. This ±3-acre parcel is zoned B2 (General Business) and fronts directly on Morewood Rd, offering strong visibility and access in a high-traffic, amenity-rich location. The site is immediately adjacent to a Virginia Credit Union branch and Advance Auto Parts, with CVS Pharmacy, Kroger, Wendy's, Atlantic Union Bank, and Westlake Towne Center all within the immediate corridor. Westlake Village apartments border the parcel to the southeast, providing built-in rooftop density for retail, medical, or office users. Topography is level to gently wooded, offering flexibility for site planning. Ideal for retail, medical, office, or other B2 commercial uses. Assessed value of $339,800, offering a built-in value opportunity for a buyer or developer. Buyer to verify all zoning, utility, and site development requirements with Franklin County.

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Listing courtesy of INVESTORS REAL ESTATE PARTNERS LLC.