$55,000
SOLD MAR 17, 2026

511 E Atlantic St South Hill, VA 23970

1.63 Acres
$33,742 Price per Acre
71,003 Sq Ft Lot

Sale Details

Date Sold: March 17, 2026

8% Below List Price

8 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Views

About This Lot

As of March 2026

PRIME MIXED-USE OPPORTUNITY ! Unique property offering both commercial & residential zoning on approximately 1.63+- Acres Total. The 0.45 acres parcel is commercially zoned & benefits from high traffic exposure & is suitable for commercial use. The 1.18+- acre parcel fronting Northington Street is zoned single family or multi-family, providing excellent development flexibility. All subject to zoning approval. Low taxes add to the investment appeal. Perfect for investors, developers, or owner-users seeking a versatile property with multiple income for development options.

Last Agent to Sell the Property

Beth Smith

Exit Town & Lake Realty, South Hill Brokerage Phone: 4344472766 License #193289 Listed on: 01/14/2026

Last Buyer's Agent

Chad Barbour

Lake Gaston Properties, LLC License #269578

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $362

Lot Details

  • 1.63 Acre Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • County Elementary School
  • County Middle School
  • County High School

Utilities

  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • .Non Subdivision

Listing and Financial Details

  • Tax Lot 12-15, A,B
  • Assessor Parcel Number 078A18((05))012,078A18((03))A, 078A18((03))DB

Property Details

Property Type

Land

Est. Annual Taxes

$362

Lot Details

1.63 Acres

Listing Details

  • Directions: Located on E. Atlantic Street & Northington Street
  • Property Sub Type: Acreage,Commercial,Residential Lot-Restricted,Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.63
  • Lot Size: 1.63
  • Water Body Name: None
  • Subdivision Name: .NON-Subdivision
  • Special Features: None

Interior Features

  • Possible Use: Residential, Multi-Family, Commercial, Office

Exterior Features

  • Lot Features: Wooded, Cleared, 1-2 acres
  • View: Other-See Remarks
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Available, Electricity Available, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: County
  • High School: County
  • Middle Or Junior School: County

Lot Info

  • Lot Size Sq Ft: 71002.8
  • Farm Land Area Units: Square Feet
  • Parcel #: 078A18((05))012,078A18((03))A, 078A18((03))DB
  • Zoning Description: Commercial

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 361.8
  • Tax Lot: 12-15, A,B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2026
Closed on
Mar 10, 2026
Sold by
C & S Enterprises Of Virginia Llc
Bought by
Lin Mark Henshaw Enterprises Inc
Seller's Agent
Beth Smith
Exit Town & Lake Realty, South Hill
Buyer's Agent
Chad Barbour
Lake Gaston Properties, LLC
List Price
$59,500
Sold Price
$55,000
Premium/Discount to List
-$4,500
-7.56%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Outstanding Balance
$41,250
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $55,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $41,250 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2026 03/17/26 Sold $55,000 -7.6% --
01/22/2026 01/22/26 Pending -- -- --
01/14/2026 01/14/26 For Sale $59,500 -- --
Source: Roanoke Valley Lake Gaston Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $108 $30,000 $30,000 $0
2023 $120 $30,000 $30,000 $0
2022 $120 $30,000 $30,000 $0
2021 $126 $30,000 $30,000 $0
2020 $126 $30,000 $30,000 $0
2019 $126 $30,000 $30,000 $0
2018 $126 $30,000 $30,000 $0
2017 $126 $30,000 $30,000 $0
2016 $126 $30,000 $30,000 $0
2015 -- $30,000 $30,000 $0
2013 -- $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Lake Gaston Board of REALTORS®

MLS Number: 140530

APN: 25330

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