319 T B Stanley Hwy

319 T B Stanley Highway, Bassett, VA 24055

  • For Sale $4,400,000
  • Property Type Other
  • Property Size 5,000 SF
  • Units 122
  • Lot Size 25 Acre
  • Additional Rent Contact for pricing
  • Year Built 2020
  • Date Updated Aug 29, 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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Attachments

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

Contacts

broker

Max Kinser

McCoy Wright

Location

Getting Around

  • Walk Score ®

    17/100 Car-Dependent

  • Bike Score ®

    26/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Bassett, VA
  • Zip Code 24055

Points of Interest

  • Marathon Gas

    0.41 miles

  • Dodge's Store

    1.18 miles

  • Speedway

    1.25 miles

  • Meadowgreen Market

    4.53 miles

  • Exxon

    6.36 miles

  • BG's Express

    6.61 miles

  • Valero FasMart 110

    6.87 miles

  • Do Drop In

    7.38 miles

  • Exxon

    7.61 miles

  • Lucky 2

    8.27 miles

  • Dick and Willie Passage Rail Trailhead

    3.89 miles

  • Dick and Willie Passage Rail Trailhead

    6.45 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

  • Baymont by Wyndham Martinsville

    4.29 miles

  • Hardee's

    0.38 miles

  • McDonald's

    1.21 miles

  • McDonald's

    2.52 miles

  • Cook Out

    2.79 miles

  • Tokyo Express

    4.04 miles

  • Arby's

    4.08 miles

  • Hardee's

    5.44 miles

  • Hardee's

    6.24 miles

  • Burger King

    6.24 miles

  • 3rd Bay Cafe

    6.81 miles

  • J D Bassett High School

    0.52 miles

  • Stanleytown Elementary School

    0.75 miles

  • Fieldale-Collinsville Middle School

    2.31 miles

  • Campbell Court Elementary School

    2.31 miles

  • Fieldale Elementary School

    2.57 miles

  • John R Smith Elementary School

    2.60 miles

  • Collinsville Elementary School

    2.69 miles

  • Hunter School

    3.02 miles

  • Bassett High School

    3.10 miles

  • John D Bassett Junior High School

    3.12 miles

Frequently Asked Questions

How much does 319 T B Stanley Hwy cost?

The space currently listed for sale at 319 T B Stanley Hwy asks for $4,400,000.

What is the total square footage of 319 T B Stanley Hwy?

319 T B Stanley Hwy totals 5,000 square feet.

When was this property built?

319 T B Stanley Hwy was built in 2020.

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Contact Listing Broker

broker

Max Kinser

McCoy Wright