3 Acres B2 Commercial - Westlake, Franklin County | Priced Below Assessed Value
Excellent commercial development opportunity in the heart of Westlake, one of Franklin County's most active retail corridors. This ±3-acre parcel is zoned B2 (General Business) and fronts directly on Morewood Rd, offering strong visibility and access in a high-traffic, amenity-rich location.
The site is immediately adjacent to a Virginia Credit Union branch and Advance Auto Parts, with CVS Pharmacy, Kroger, Wendy's, Atlantic Union Bank, and Westlake Towne Center all within the immediate corridor. Westlake Village apartments border the parcel to the southeast, providing built-in rooftop density for retail, medical, or office users.
Topography is level to gently wooded, offering flexibility for site planning. Ideal for retail, medical, office, or other B2 commercial uses.
Assessed value of $339,800, offering a built-in value opportunity for a buyer or developer.
Buyer to verify all zoning, utility, and site development requirements with Franklin County.
Lot/land
$295,000
120 Morewood Rd, Hardy, VA 24101
--beds
0baths
3Acres
Unimproved Land
Built in ----
3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 48 days
- 17
- 0
Zillow last checked:
Listing updated:
Listed by:
STEVEN JUDE ZEGARSKI 540-309-6738,
INVESTORS REAL ESTATE PARTNERS LLC 540-444-4737,
JASON NOEL FOUNTAIN 540-444-4737,
INVESTORS REAL ESTATE PARTNERS LLC
Source: RVAR,MLS#: 930973
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 3 Acres
Details
- Parcel number: 030 00010 00
- Zoning: B2
Utilities & green energy
- Electric: Above Ground
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hardy
Financial & listing details
- Annual tax amount: $1,597
- Date on market: 9/1/2026
- Cumulative days on market: 50 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $295,000-9.2% |
Source: | ||
| 8/24/2025 | Listing removed | $325,000 |
Source: | ||
| 8/23/2024 | Listed for sale | $325,000+20.8% |
Source: | ||
| 4/7/2012 | Listing removed | $269,000 |
Source: Commercial Investment Realty Co., LC Report a problem | ||
| 4/2/2012 | Listed for sale | $269,000 |
Source: Commercial Investment Realty Co., LC Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 24101
Nearby schools
Schools provided by the listing agent
- Elementary: Dudley
- Middle: Ben Franklin Middle
- High: Franklin County
Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






