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M-1 Industrial Land
New
For Sale
$49,950

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

Two adjoining industrial-zoned parcels provide a flexible land assembly for future development.

Property SizeContact for details
Days on Market2

Property Features for 1311-1313 S 1st Avenue

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $334
Listing Agency: Weichert Realtors Brockwell and Portwood
Listed By: Kenneth Byers · License #0225178533
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 11:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors Brockwell and Portwood

Investment Insights

Based on property information with market context.

This offering consists of two adjoining parcels totaling approximately 8,600+ square feet of industrial land. The property carries M-1 zoning, supporting consideration of industrial development and other uses permitted under that designation. The site may suit a range of industrial-oriented plans, including contractor operations, equipment storage, light manufacturing, warehouse space, or flex industrial use, subject to applicable approvals.

Located in the City of Hopewell, the property offers access to major highways, manufacturing corridors, and the Tri-City Area. Utilities are nearby, with availability and connection requirements to be verified by the buyer. The two-parcel configuration provides a consolidated site for evaluating future industrial improvements.

Key Highlights

  • Two adjoining industrial‑zoned parcels
  • Approximately 8,600+ square feet of developmental potential
  • M‑1 industrial zoning

Property Analytics

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

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 industrial-zoned parcels provide a flexible land assembly for future development.
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 industrial‑zoned parcels; Approximately 8,600+ square feet of developmental potential; M‑1 industrial zoning
More about this property
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