120 Morewood Rd - Westlake Commercial Lot - Smith Mountain Lake
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120 Morewood Rd - Westlake Commercial Lot - Smith Mountain Lake
3 Acres of Commercial Land Offered at $325,000 in Hardy, VA 24101
Investment Highlights
- Prime Commercial Site
- New premium 72-unit Westlake Apartment Homes across road
- Well-established commercial area including Carilion Clinic, Westlake Professional Park, and a Retirement Community
- Busy Westlake commercial area
- Very close to intersection with Rt 122/Booker T Washington Highway and Westlake Towne Center
Executive Summary
PRICE REDUCED!
Prime 3+/- acre site in busy Westlake area of Smith Mountain Lake. Very close to intersection with Rt 122/Booker T Washington Highway and Westlake Towne Center. Brand new premium 72-unit Westlake Apartment Homes directly across from property on Morewood Road. Well-established commercial area including Carilion Clinic, Westlake Professional Park, and Runk & Platt Smith Mountain Lake Retirement Village, a Senior Living Community.
Over 300 feet of road frontage!
Prime 3+/- acre site in busy Westlake area of Smith Mountain Lake. Very close to intersection with Rt 122/Booker T Washington Highway and Westlake Towne Center. Brand new premium 72-unit Westlake Apartment Homes directly across from property on Morewood Road. Well-established commercial area including Carilion Clinic, Westlake Professional Park, and Runk & Platt Smith Mountain Lake Retirement Village, a Senior Living Community.
Over 300 feet of road frontage!
Property Facts
| Price | $325,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Property Type | Land |
| Price | $325,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 3.00 AC |
1 Lot Available
Lot
| Price | $325,000 | Lot Size | 3.00 AC |
| Price Per AC | $108,333 |
| Price | $325,000 |
| Price Per AC | $108,333 |
| Lot Size | 3.00 AC |
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PROPERTY TAXES
| Parcel Number | 0300001000 | Improvements Assessment | $0 (2023) |
| Land Assessment | $261,400 (2023) | Total Assessment | $261,400 (2023) |
PROPERTY TAXES
Parcel Number
0300001000
Land Assessment
$261,400 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$261,400 (2023)
zoning
| Zoning Code | B2 |
| B2 |
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120 Morewood Rd - Westlake Commercial Lot - Smith Mountain Lake
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