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M-1 Industrial Land
For Sale
$49,950

1311-1313 S 1st Avenue, Hopewell, VA 23860

Land, Hopewell, VA

Property SizeContact for details
Lot Size0.10 Acres
Days on Market43

Property Features for 1311-1313 S 1st Avenue

General Information

Property type Land
Property subtype Other
Zoning description M1
Subdivision South B Village
Lot features Dead End, Level, Undeveloped, Wooded
Elementary school Dupont
Middle school Carter G. Woodson
High school Hopewell
Directions Take the exit 9A for VA-10 E (Winston Chirchill dr.) towards Hopewell. Continue East and turn right onto S. 1st Avenue. The property is on the left hand side near the end of the road.
Standard status Active
APN 071-0075
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description per zoning listed as M-1, light industrial, warehouse, contractors' yard, business opportunity for vehicle parking, new building. (Verify uses with Hopewell planning and zoning).
Tax Annual Amount 334
Legal Description per zoning listed as M-1, light industrial, warehouse, contractors' yard, business opportunity for vehicle parking, new building. (Verify uses with Hopewell planning and zoning).

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Weichert Brockwell & Associate
Listed By: Kenneth Byers · License #0225273763
Added: Aug 1 Changed: Aug 25 Last Checked: Sep 12 at 7:06AM
MLS# 2620960

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering consists of two adjoining industrial land parcels totaling 0.099 acres. The site carries M-1 industrial zoning, supporting consideration of uses identified in the property information such as a contractor’s yard, equipment storage, warehouse, light manufacturing, or flex industrial space, subject to applicable requirements.

Public water and public sewer are identified for the property. Utilities are noted nearby, with availability and connection requirements to be verified by the buyer. The site is in Hopewell, Virginia, with access described in relation to major highways, manufacturing corridors, and the Tri-City Area.

Key Highlights

  • Two adjoining parcels totaling 0.099 acres
  • M‑1 industrial zoning
  • Public water identified for the property

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby

Demographics for 23860, VA

32,139
Population
12,254
Households
2.6
Avg Household Size
39
Median Age
14%
College-Educated
87%
High-School Grad
45.2 sq mi
ZIP Area
711
Density / Sq Mi
$55,104
Median Household Income
$36,663
Median Earnings
$1,103
Median Rent
$187,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Two adjoining parcels with industrial zoning and public water and sewer service identified for the property.
Where is this industrial land located?
The property is located at 1311-1313 S 1st Avenue Hopewell, VA.
What is the asking price?
The asking price for this property is $49,950.
What are key features of this property?
This property features: Two adjoining parcels totaling 0.099 acres; M‑1 industrial zoning; Public water identified for the property
More about this property
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