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6 Beds
4 Baths
2,900 sqft

$2,000,000

261 Target Drive, Danville VA, 24541

Price per sqft$689.66
Built in1964
Property size2,900 sqft
Property typeResidential

Overview

Active

Listed May 28, 2026

Updated May 30

Zoned M-1 for manufacturing, this 5.5 acre lot just off of Riverside Drive offers an excellent commercial opportunity for new owners. The corner lot has approximately 550 linear feet of road frontage on both sides and already has a commercial driveway put in by the city. On the property currently are 2 houses and 2 car shops. The back of the property is clear though so the potential to use the current structures to generate income while developing the back is there. The property is just 7 miles from the casino and 6 miles from the Southern Virginia Megasite at Berry Hill.

$13,306/mo

Est. mortgage payment based on a $2,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
366934
Available since
January 1, 1800

Interior Features

Bedrooms
6
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
5.5 Acres

Other Property Details

Taxes
$6,000
Tax Frequency
Annually
Pool
Yes
55+/Senior Community
No

Broker Reciprocity Courtesy of Realty ONE Group Leading Edge

 

IDX information is provided exclusively for consumers’ personal, non-commercial use,  and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  Information deemed reliable but not guaranteed.  Copyright: by the VA - Lynchburg Association of REALTORS® (LAR).

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