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$325,000
Est. payment /mo
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 9992982
HOA Y/N No
Lot Dimensions 1.07 Acres
Source Tennessee/Virginia Regional MLS
Property Description
This site offers a rare opportunity to position in a regional hub market with limited competition, now enhanced by its location within a designated Opportunity Zone, providing potential tax advantages for investors.
Strategically located within Wise's primary retail corridor, the property benefits from strong local and regional traffic driven by nearby national retailers and institutional demand. The site is just 0.7 miles from Food City and Lowe's and within a 5-minute drive of Walmart, placing it in the center of Wise's core retail activity.
Additionally, the property is within a 10-minute drive of the University of Virginia's College at Wise, creating consistent daily traffic from students, faculty, and staff.
With low acquisition costs, Opportunity Zone incentives, and strong upside potential, this property is ideally suited for retail, service-based users, or flex development. The combination of limited competition, regional draw, and tax advantages makes this an exceptional opportunity for both investors and owner-users looking to capitalize on an underserved market.
Strategically located within Wise's primary retail corridor, the property benefits from strong local and regional traffic driven by nearby national retailers and institutional demand. The site is just 0.7 miles from Food City and Lowe's and within a 5-minute drive of Walmart, placing it in the center of Wise's core retail activity.
Additionally, the property is within a 10-minute drive of the University of Virginia's College at Wise, creating consistent daily traffic from students, faculty, and staff.
With low acquisition costs, Opportunity Zone incentives, and strong upside potential, this property is ideally suited for retail, service-based users, or flex development. The combination of limited competition, regional draw, and tax advantages makes this an exceptional opportunity for both investors and owner-users looking to capitalize on an underserved market.
Location
State VA
County Wise
Community Not In Subdivision
Zoning Commercial
Direction Continue on Norton Rd to your destination Turn right onto Norton Rd Turn left onto Woodland Dr SW Turn right Turn right Turn left
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Wise Elementary
Middle Schools L. F. Addington
High Schools Central (Wise, Va)
Others
Senior Community No
Tax ID 036452
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Listed by Brooke Carver • CENTURY 21 Legacy
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