About This Property

Prime Commercial investment property located in beautiful Smith Mountain Lake, VA.
Property is located in Designated Growth Area(DGA) of the comprehensive plan for
Franklin County with immediate access to route 40.
Unlock the potential of 85+ acres in Franklin County's Designated Growth Area
(DGA)—a high‑visibility location ideal for commercial or mixed‑use development.
Spanning four parcels this property offers exceptional frontage, accessibility, and
long‑term growth opportunity.

Infrastructure is already underway, with the Western Virginia Water Authority and
Franklin County completing a new community water system serving the Union Hall Village Center and this site.

Perfect for investors or developers seeking scale and strategic positioning, this propert also includes available concept and development plans for Southlake Towne Center to help accelerate your vision.

Property Details

Interior

Exterior & Lot

Lot Size: 85.00 acres

Location

Subdivision: NA
County: Franklin County
ZIP Code: 24176

Financial

Listing Terms
Annual Taxes: $3,054

Utilities

Utilities
Sewer: Other

Schools

Elementary: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County

Lot Features

Listing Information

MLS #: 901572
Listing Agent: RONALD L WILLARD, I I
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Listed Date: May 23, 2026