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2191 Plank Rd - Trihey

86.67 Acres of Commercial Land Offered at $1,000,000 in South Hill, VA 23970

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Investment Highlights

High visibility & traffic in the surrounding area.
Approx 45 ac of the 64 acre tract was clearcut and replanted with pine in 2018.

High demand in the area with Microsoft's growth.
The other 22 acre tract was cut in 2022 and has natural regrowth.

Executive Summary

Excellent location - access to Highway 58 & close to Interstate 85

plats

5-6-24 Trihey-Prelim Access Management Comments

MLS136678

Property Facts

Price	$1,000,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Industrial Hold For Development Hold For Investment Single Family Development Warehouse
No. Lots	1	Total Lot Size	86.67 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,000,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Industrial Hold For Development Hold For Investment Single Family Development Warehouse
Total Lot Size	86.67 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$1,000,000	Lot Size	86.67 AC
Price Per AC	$11,538

Price	$1,000,000
Price Per AC	$11,538
Lot Size	86.67 AC

86.67 Acres! See pictures for access. Approximately 1000' on Plank Rd, limited access on #1, and open access on Hwy 58. Two tracts - 64a+- has 45 cut in 2018 and replanted. 22a tract was cut in 2022 and has natural growth. Endless possibilities.

Description

No plat on the 64 acre tract - residual of larger tract. Unable to determine frontage on #1 & Hwy 58. 22 a tract plat is loaded and approximate of the 64 loaded as well

PROPERTY TAXES

Parcel Numbers	Multiple 36759 19237	Improvements Assessment	$0
Land Assessment	$196,000	Total Assessment	$196,000

PROPERTY TAXES

Parcel Numbers

Multiple

36759
19237

Land Assessment

$196,000

Improvements Assessment

Total Assessment

$196,000

zoning

Zoning Code	Agriculture (Currently zoned agriculture/farm. Seller will participate in re-zoning as needed)
Agriculture (Currently zoned agriculture/farm. Seller will participate in re-zoning as needed)