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| Bedrooms: | 0 | Full Bathrooms: | 0 | Half Bathrooms: | 0 |
| Type: | Commercial Sale | Sub Type: | MLS Number: | 9992983 | |
| Living Area: | 0 | Lot Acreage: | 1 | Year Built: | |
| Elementary School: | Middle School: | High School: |
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.
Listing Status
Active
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More Listing Info
AC:None11 true Business Type:Other33 true Business Type:Retail2 true Business Type:Vacant2 true Contract Info:Foreclosure No Development Status:See Remarks37 true Easements:None12 true Electric Service:See Remarks36 true Exterior Finish:See Remarks3 true General Property Description:Acres 1.07 General Property Description:Annual Lease 0.0 General Property Description:HOA YN No General Property Description:Lease No General Property Description:Lot Size2 200x200 General Property Description:Total SqFt Finished 0.0 General Property Description:Total SqFt Unfinished 0.0 General Property Description:Zoning2 commercial/ind Heating:None7 true Info Available:Aerial true Info Available:Tax Returns2 true Location Tax Legal Info:City Taxes 1197.59 Location Tax Legal Info:County Taxes 2765.52 Other Equipment:See Remarks38 true Remarks Misc:Directions3 Continue on Norton Rd to your destination Turn right onto Norton Rd Turn left onto Woodland Dr SW Turn right Turn right Turn left Remarks Misc:Public Remarks7 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. Restrictions:See Remarks34 true Road Access:City Street true Sale Includes:Fee Simple true Sewer:Public Sewer true Water:Public true Videos: (none) Virtual Tours: (none)
Listing Courtesy:
CENTURY 21 Legacy
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