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.
Property Facts
Property TypeLand
MLS Number9992982
City Taxes$458.57
County Taxes$1,088.82
Elementary SchoolWise Elementary
Middle SchoolL. F. Addington
High SchoolCentral (Wise, Va)
Features & Amenities
Exterior
Other
Directions
Continue on Norton Rd to your destination
Turn right onto Norton Rd
Turn left onto Woodland Dr SW
Turn right
Turn right
Turn left
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Additional Information
Contract Info
Easements
General Property Description
HOANo
Lot Size1.07 Acres
ZoningCommercial
Location Tax Legal Info
Deed Book #782
Deed Page #38
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