319 T B Stanley Hwy

For Sale

319 T B Stanley Highway, Bassett, VA 24055

This Bassett property for sale is located at 319 T B Stanley Highway. The current listed sale price for 319 T B Stanley Hwy is $4,400,000. 319 T B Stanley Hwy is situated on a lot that is 25 acre in size.

Contacts

broker
Max Kinser

McCoy Wright

Property Details

  • Property Type Other
  • Property Size 5,000 SF
  • Units 122
  • Lot Size 25 Acre
  • Additional Rent Contact for pricing
  • Year Built 2020
  • Date Updated Dec 11, 2024
Bassett Virginia-The Smith River RV Park is an established 122 site RV park located in the scenic Smith River valley in Bassett, VA with significant upside potential -Total land area is 75 acres with over 700 ft of frontage on T B Stanley Hwy -Bassett, VA is sandwiched between Roanoke, VA (97,000 people), Greensboro (301,000 people), and Winston Salem (251,000 people). - 12 mi to Martinsville Speedway, 10.6 mi to Philpott Dam (the source of the Smith River), and 9.4 mi to Fairy Stone State Park -8% cap rate based on the trailing 12 months of NOI ($350,079.55) with significant value add potential with building out the additional sites (69 additional sites already approved) -Year over year growth has shown to be 16% so far, and it appears it should continue to grow. -Newly constructed, well built, and well cared for
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Highlights

  • 122 pull through sites designed for 35’+ RVs on 25 acres
  • 75 acres total with 69 additional sites already approved on Tract 4
  • County Water and Sewer to all existing sites
  • All underground electric
  • Approx. 3,200’ of Smith River Frontage- the river flows clear and cold out of the bottom of the Philpott Dam 10.6 miles above the park
  • 5,000 sq ft general store (with a liquor license)
  • 1,200 sq ft bathhouse with laundry machines (coin op and card)
  • Covered picnic shelter, fenced dog park, river access (w/ tubing and kayaking tours), playground, and propane refilling station
  • Construction started in 2020
  • Other development potential along the frontage on T B Stanley Hwy

Attachments

Getting around

  • 17/100

    Walk Score ®

  • 26/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Bassett, VA
  • Zip Code 24055

Points of Interest

  • Marathon Gas

    0.41 miles

  • Speedway

    1.12 miles

  • Dodge's Store

    1.18 miles

  • KEVIN'S EXPRESS

    2.31 miles

  • FasMart 121

    2.55 miles

  • Shell

    2.63 miles

  • Circle K

    3.48 miles

  • Valero

    3.90 miles

  • Meadowgreen Market

    4.53 miles

  • Dick and Willie Passage Rail Trailhead

    3.89 miles

  • Parking Area 15

    8.47 miles

  • Parking Area 16

    8.48 miles

  • Parking Area 2

    8.53 miles

  • Parking Area 13

    8.53 miles

  • Parking Area 14

    8.58 miles

  • Parking Area 4

    8.58 miles

  • Hospitality Parking

    8.61 miles

  • Bus Parking

    8.61 miles

  • Virginia Home Inn

    2.10 miles

  • Hampton Inn

    3.03 miles

  • Super 8 by Wyndham Martinsville VA

    4.16 miles

  • Baymont Martinsville

    4.29 miles

  • Food Lion

    0.32 miles

  • Walmart Supercenter

    3.94 miles

  • ALDI

    4.22 miles

  • Belk

    4.74 miles

  • Marshalls

    4.92 miles

  • Kroger

    4.94 miles

  • Big Lots

    6.99 miles

In-Depth Research Available for this Property

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Contact Listing Broker
broker
Max Kinser

McCoy Wright