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.
For sale
$2,000,000
261 Target Dr, Danville, VA 24541
6beds
2,900sqft
Single Family Residence
Built in 1964
5.5 Acres Lot
$-- Zestimate®
$690/sqft
$-- HOA
What's special
- 148 days
- 137
- 6
Zillow last checked:
Listing updated:
Listed by:
Chase Hankins 434-221-3637 chasehankinsrealty@gmail.com,
Realty ONE Group Leading Edge 434-544-0100
Source: LMLS,MLS#: 366934
Originating MLS: Lynchburg Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 210
- Dimensions: 15 x 14
Bedroom
- Level: First
- Dimensions: 10 x 10
Bedroom 2
- Level: First
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Level: Second
- Area: 120
- Dimensions: 12 x 10
Bedroom 4
- Level: Second
- Area: 120
- Dimensions: 12 x 10
Bedroom 5
- Level: First
- Area: 110
- Dimensions: 11 x 10
Dining room
- Area: 0
- Dimensions: 0 x 0
Family room
- Area: 0
- Dimensions: 0 x 0
Great room
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Area: 0
- Dimensions: 0 x 0
Living room
- Area: 0
- Dimensions: 0 x 0
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Forced Warm Air-Gas
Cooling
- Heat Pump
Appliances
- Included: Other, Electric Water Heater
- Laundry: In Basement
Features
- Ceiling Fan(s)
- Flooring: Carpet, Concrete, Hardwood
- Basement: Partial
- Attic: Access
Interior area
- Total structure area: 2,900
- Total interior livable area: 2,900 sqft
- Finished area above ground: 2,900
- Finished area below ground: 0
Property
Features
- Levels: Three Or More
- Patio & porch: Rear Porch
- Has private pool: Yes
- Pool features: In Ground
Lot
- Size: 5.5 Acres
Details
- Parcel number: 1388115181
- Zoning: M-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Level
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1964
Utilities & green energy
- Electric: AEP/Appalachian Powr
- Sewer: Septic Tank
- Water: County
Community & HOA
Location
- Region: Danville
Financial & listing details
- Price per square foot: $690/sqft
- Tax assessed value: $256,600
- Annual tax amount: $6,000
- Date on market: 5/29/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,722/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $2,000,000+102%$690/sqft |
Source: | ||
| 5/3/2016 | Listing removed | $990,000$341/sqft |
Source: WILKINS & CO., REALTORS, INC. #54475 Report a problem | ||
| 3/11/2016 | Listed for sale | $990,000$341/sqft |
Source: WILKINS & CO., REALTORS, INC. #54475 Report a problem | ||
| 12/6/2015 | Listing removed | $990,000$341/sqft |
Source: Visual Tour #50112 Report a problem | ||
| 8/31/2015 | Listed for sale | $990,000$341/sqft |
Source: Visual Tour #50112 Report a problem | ||
| 4/20/2015 | Listing removed | $990,000$341/sqft |
Source: Visual Tour #50112 Report a problem | ||
| 2/19/2015 | Listed for sale | $990,000$341/sqft |
Source: Visual Tour #50112 Report a problem | ||
| 12/31/2013 | Listing removed | $990,000$341/sqft |
Source: Visual Tour #50112 Report a problem | ||
| 10/2/2013 | Listed for sale | $990,000$341/sqft |
Source: Visual Tour #50112 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,437 | $256,600 |
| 2024 | $1,437 +13.7% | $256,600 +25.9% |
| 2023 | $1,264 | $203,800 |
| 2022 | $1,264 | $203,800 |
| 2021 | $1,264 | $203,800 |
| 2020 | $1,264 | $203,800 |
| 2019 | $1,264 | $203,800 |
| 2018 | -- | $203,800 |
| 2017 | $1,264 +22.2% | $203,800 +16.3% |
| 2016 | $1,034 | $175,300 |
| 2015 | $1,034 | $175,300 +2% |
| 2011 | -- | $171,800 |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment



