Listing Agency: SVN | Motleys

Listed By: Phillip Baxter · License #VA 0225196285

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:15PM

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Investment Insights

Based on property information with market context.

This industrial land offering comprises 13.38 acres with frontage along Rt 47 and Jonbil Rd. Direct access to Norfolk Southern rail expands the site's transportation options for industrial operations.

The stated permitted uses include junk storage and automotive graveyard operations, electrical component assembly, automotive repair, machinery shop activities, manufacturing and compounding, boat yard operations, and petroleum storage.

Key Highlights

• 13.38 acres of industrial land
• Frontage on Rt 47 and Jonbil Rd
• Direct access to Norfolk Southern rail

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Pharmacy Grocery & Convenience Store

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

30

Businesses Nearby

Explore this area Business Placement

Demographics for 23924, VA

5,538

Population

3,323

Households

1.7

Avg Household Size

49

Median Age

17%

College-Educated

86%

High-School Grad

141.4 sq mi

ZIP Area

39

Density / Sq Mi

$43,614

Median Household Income

$39,964

Median Earnings

$743

Median Rent

$122,700

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 - Industrial land with road frontage and direct Norfolk Southern rail access.

Where is this industrial land located?

The property is located at 399 Jonbil Rd Chase City, VA.

What are key features of this property?

This property features: 13.38 acres of industrial land; Frontage on Rt 47 and Jonbil Rd; Direct access to Norfolk Southern rail