$325,000
Wise, VA 24293
MLS# 9992983
1 / 18
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.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 036452
City Taxes: 1197.59
County Taxes: 2765.52
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 325000
Current Price: $325,000
Listing Date: 2026-03-26
General Property Description
Acres: 1.07
Lease: No
Lot Size: 200x200
Zoning: commercial/ind
HOA Y/N: No
Total SqFt Finished: 0
Total SqFt Unfinished: 0
Annual Lease $: 0
Remarks & Misc
Public Remarks: 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.
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
Business Type
Retail: 1
Vacant: 1
Other: 1
Exterior Finish
See Remarks: 1
Other Equipment
See Remarks: 1
Road Access
City Street: 1
Electric Service
See Remarks: 1
Development Status
See Remarks: 1
Heating
None: 1
Info Available
Aerial: 1
Tax Returns: 1
AC
None: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
See Remarks: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: Tbd
St Direction: Southwest
Street Name: Woodland
St Suffix: Drive
County: Wise
State/Province: VA
Zip Code: 24293
Area: 506 - Wise County
Property Features
Business Type: Retail; Vacant; Other
Exterior Finish: See Remarks
Other Equipment: See Remarks
Electric Service: See Remarks
Development Status: See Remarks
Heating: None
AC: None
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Aerial; Tax Returns
Restrictions: See Remarks
Easements: None
Financing: Cash; Conventional
Sale Includes: Fee Simple
Listing Office: CENTURY 21 Legacy
Last Updated: March - 28 - 2026
Information deemed reliable but not guaranteed.