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0 Grafton St

58.05 Acres of Commercial Land Offered at $1,797,000 in Clifton Forge, VA 24422

Investment Highlights

  • Ideal hotel and motel site

Executive Summary

Prime commercial land offering located in the Cliftondale park are of eastern Alleghany County, Virginia just east of Clifton Forge. This listing consists of four parcels with a total of 58.28 +/- acres with a wide range of development possibilities. This highly visible property is situated at Exit 27 interchange off Interstate 64 with frontage on US. route 220. Exposure and road frontage on the main highway arteries running east-west (interstate 64) and north-south (U. S. Route 220) through the Alleghany Highlands elevate this property into the best tract of land available in the area for commercial development. Potential for high volume traffic uses such as hotel, restaurant, and/or industrial development. All public utilities including natural gas, Some zoning changes may be required.

Property Facts Under Contract

Price $1,797,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Bank
  • Department Store
  • Motel
  • Storefront
Total Lot Size 58.05 AC

1 Lot Available

Lot

Price $1,797,000
Price Per AC $30,956
Lot Size 58.05 AC

The owner will consider divisions of the property with restrictions and /or access agreements. Tract C- 1.28 Acres Tract B - 10.88 Acres Tract C - 38.39 Acres Tract E - 7.73 Acres Tract D sold separately with an old house.

  • Listing ID: 31047862

  • Date on Market: 2/26/2024

  • Last Updated:

  • Address: 0 Grafton St, Clifton Forge, VA 24422

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