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Tbd Southwest Woodland Drive
Wise VA 24293
MLS #9992983 · Listing Courtesy of CENTURY 21 Legacy
$325,000
Active
1.07
Acres
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 TypeCommercial Sale
MLS Number9992983
City Taxes$1,197.59
County Taxes$2,765.52
Features & Amenities
Exterior
City Street
Other
Aerial
Fee Simple
Public Sewer
Public Water
Retail
Tax Returns
Vacant
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
ACNoneYesBusiness TypeOtherYesContract InfoForeclosureNoDevelopment StatusSee RemarksYesEasementsNoneYesElectric ServiceSee RemarksYesExterior FinishSee RemarksYesGeneral Property DescriptionAnnual Lease0HOANoLeaseNoLot Size200x200Total Finished SqFt0Unfinished SqFt0Zoningcommercial/indHeatingNoneYesOther EquipmentSee RemarksYesRestrictionsSee RemarksYes
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