For sale

Prime Commercial Development Opportunity – Westlake Corner - Smith Mountain Lake

Acreage

42.5 ±

County

Franklin

Price

$1,750,000

Description

Prime Commercial Development Opportunity – Westlake Corner | Smith Mountain Lake

Perfectly positioned in the heart of Westlake Corner, this exceptional commercial tract offers one of the most desirable development opportunities in the Smith Mountain Lake area. Located within the Westlake Overlay District and part of the Westlake/ Hales Ford Village Plan, this property is situated squarely in the designated growth area and benefits from both public water and sewer access at the front of the property.

Zoned B-2 (General Business), this land features over a half mile of prime frontage along Route 122 (Booker T. Washington Highway)—the area’s most heavily traveled corridor with an average daily traffic count of 16,664 vehicles. The excellent lay of the land and expansive road frontage make this tract ideal for a wide range of commercial uses.

As the closest remaining undeveloped tract along the Westlake Corner commercial strip, this property represents a rare opportunity to develop within the most rapidly expanding area at Smith Mountain Lake. The Western Virginia Water Authority is in the process of implementing a new sewer lift station at the rear of the property, which will serve the north side of Route 122 and further enhance the development potential in the coming months.

Subdivision is possible, offering flexibility for phased or multi-use development.