5625 Smith Mountain Rd - Commercial LAND FOR SALE


Penhook, VA 24137 1,785,960 SF
$5,750,000 USD
800-296-3923
5625 Smith Mountain Rd, Penhook, VA for Sale
$5,750,000 USD
Commercial LAND - FOR SALE
1/11
1,785,960 SF

5625 Smith Mountain Rd
Penhook, VA 24137


HIGHLIGHTS

  • Beautiful location!

OVERVIEW

One of a kind prime lakefront investment property that is currently a luxury campground w/approx 41 acres, 3,750' +/- of waterfront & 129 mobile home/camper sites w/water & septic hookups included plus 3 office sites. The tenants pay the electric. All campsites are grandfathered in & there is a permit for the park. This property is also perfect for a development tract for a new subdivision w/a terrific location on the lake & wide water views from each lot. All docks grandfathered in . Off water boat storage rentals under a cover shelter also rent out. Swimming area, covered pavilion for picnics & offers wifi, boat ramp, walking & golf cart trails. Bath house, pump station, 4 wells & 20 septic tanks (tanks pumped every year). Property, mobile homes & docks Sold As-Is) Appointment only. Campground has a Pumpout Station & Bath House. Cemetery located on the property. The seller mows the cemertery but it is used by the Ferguson family. One of the day docks can be used all day and has spaces for 4 different boats. 62 docks (56 docks are owned by the tenants and the owner owns 6 docks). The day docks can be used for just for one hour at a time. Also, included is a doublewide that is used as one office, singlewide being used as a second office and a third singlewide used as a tool storage building. During the warmer months there is Boat Church on the lakefront & people can attend in person by car or boat. Water tests are done quarterly. GIS SHOWS 39.57 ACRES BUT THEN IT ALSO SHOWS IT TO BE 41 ACRES. SELLER IS SELLING PROPERTY AS 41 ACRES +/- SOLD AS-IS.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/ACRE

$140,244/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Manufactured Homes/Mobile Home Park, Trailer/Camper Park

LAND ACRES

41 AC

LAND SF

1,785,960 SF

OFFSITE IMPROVEMENTS

-

ZONING

MHP

APN/PARCEL ID

1563-34-1654

ASK ABOUT THIS PROPERTY

Phyllis JohnsonRe/Max Lakefront Realty, Inc.More Info
800-296-3923

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Phyllis JohnsonRe/Max Lakefront Realty, Inc.More Info
800-296-3923

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.