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    Covington, VA Industrial Land for Sale

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    Low Moor, VA Clifton Forge, VA Eagle Rock, VA
    Development Land Along I-64 Corridor
    $1,700,000
    68.50 Acres
    Development Land Along I-64 Corridor

    1000 Irvine Farm Road, Covington, VA 24426

    68.5 acre development property with high visibility along I-64.
    • 68.50 acres of land with high visibility along Interstate 64 (Mile Marker 22.8), offering significant development potential.
    • Prime location in the Alleghany Highlands, near Covington and Clifton Forge, with easy access to major population centers via I‑64.
    • Desirable physical characteristics including agreeable topography and stunning mountain views.
    • Zoned M‑1 Industrial District, allowing for industrial, commercial, or mixed‑use development with proper zoning change.
    • Most public utilities are on‑site or nearby.
    Updated: Jan 7
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, VA, we suggest exploring several alternatives: 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
    $1,150,000
    Roanoke County Industrial Development Site

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

    5832 West River Road |, Salem, VA 24153

    View details
    Roanoke Industrial Land For Sale
    $590,000
    4.71 Acres
    Roanoke Industrial Land For Sale

    4.71-acre vacant lot zoned I-1 in Roanoke's industrial corridor.

    1221 Rockland Ave NW, Roanoke, VA 24012

    View details
    Industrial Land Near Interstate 81
    Contact for pricing
    Industrial Land Near Interstate 81

    11.7 acres of industrial land near Dixie Caverns exit.

    6190 Twine Hollow |, Salem, VA 24153

    View details
    Industrial Land with Outstanding View
    $975,000
    50.62 Acres
    Industrial Land with Outstanding View

    Cleared industrial land near transportation and utilities.

    6390 Old Mountain Rd, Roanoke, VA

    View details

    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 0 square feet of properties for sale, with an estimated market value of $1,700,000.

    Sale prices for industrial sites in Covington, VA start at $1,700,000, averaging $1,700,000, and reaching up to $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%

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