Industrial

Covington, VA Industrial Land for Sale

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Hot Springs, VA Low Moor, VA Eagle Rock, VA Clifton Forge, VA White Sulphur Springs, WV Caldwell, WV Lewisburg, WV Warm Springs, VA
Industrial Land with River Frontage
Updated: Jan 7
Industrial Land with River Frontage

1000 Irvine Farm Road, Covington, VA 24426

$1,700,000
68.50 AC lot
68.50 acres of industrial land
M‑1, Industrial zoning
Interstate 64 forms the entire southern boundary
Waterfront tract within a horseshoe bend of the Jackson River
Approximately one mile from Exit 21 Low Moor interchange
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1 active listing matches your search: Industrial Land for sale in Covington, VA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Roanoke County Industrial Development Site
Roanoke County Industrial Development Site

5832 West River Road |, Salem, VA 24153

$1,150,000
30 sqft

30.5 acres zoned I-2, suitable for large industrial development.

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Mixed-Use Commercial Land
Mixed-Use Commercial Land

Peters Creek Rd NW, Roanoke, VA 24017

$42,500
0.23 AC lot

The mixed-use designation supports office, light industrial, retail, and residential possibilities.

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Industrial Development Land Tract
Industrial Development Land Tract

5647 W River Rd, Salem, VA 24153

$3,750,000
48.00 AC lot

Approximately 48-acre waterfront tract with I-2 and R-1 zoning and existing access to electric plus public water and sewer across W. River Road.

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Industrial Land with Outstanding View
Industrial Land with Outstanding View

6390 Old Mountain Rd, Roanoke, VA 24019

Contact for pricing

Industrial tract with view, convenient to I-81 and airport.

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Covington, VA Industrial Land Market Trends and Statistics

Explore 1 industrial land for sale in Covington, VA on our real estate platform. These investment opportunities span a total of 2,983,860 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for industrial sites in Covington, VA average $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 14K
Population Growth (5Y) +0.2%
Median Household Income $51,841
College Educated 18.2%

High-Yield Neighborhoods for Investment

Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24426 $1.7M

Taxes & Financing

Tax Rate (average for all types) 0.85%
Property Tax per SF $5.55 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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