Commercial Development Land with Signalized
For Sale
Contact for pricing
551 HWY 58 E, Norton, VA 24273
Commercial land at a signalized four-way intersection, positioned for connectivity to a planned expressway corridor.
Property SizeContact for details
Days on Market101
Property Features for 551 HWY 58 E
General Information
Standard status
Active
Property subtype
Retail, Hospitality, Land
Zoning
B3
Listing Agency:
Price Richards Commercial
Listed By:
David Richards · License #VA 0225249039
Source:
Crexi
Added: May 28
Changed: Aug 27
Last Checked: Aug 29 at 1:06AM
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 Price Richards Commercial
Investment Insights
Based on property information with market context.
This offering is commercial development land located at a four-way stoplight, providing a straightforward, highly visible setting for future site development. The property is presented as a development opportunity in a gateway position to the Town of Norton.
The site sits directly at the intersection of Hwy 58 and US 23. Public remarks also note that the location lies on the path of the future Coal Fields Expressway (CFX)/Corridor Q, which may support long-term regional accessibility. The surrounding area includes nearby retail, lodging, and tourist attractions.
For buyers seeking commercial land with strong access and an intersection-based site layout, this tract offers a practical platform to plan a retail, lodging, or other commercial development aligned with the area’s existing mix. The signalized corner and connection to a planned corridor make it worth evaluating for projects that benefit from easy access and regional movement.
The site sits directly at the intersection of Hwy 58 and US 23. Public remarks also note that the location lies on the path of the future Coal Fields Expressway (CFX)/Corridor Q, which may support long-term regional accessibility. The surrounding area includes nearby retail, lodging, and tourist attractions.
For buyers seeking commercial land with strong access and an intersection-based site layout, this tract offers a practical platform to plan a retail, lodging, or other commercial development aligned with the area’s existing mix. The signalized corner and connection to a planned corridor make it worth evaluating for projects that benefit from easy access and regional movement.
Key Highlights
- Commercial land at a signalized four‑way intersection in the Town of Norton
- Fronts Hwy 58 and US 23 at the intersection
- Positioned on the path of the future Coal Fields Expressway (CFX) / Corridor Q
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Explore this area
Business Placement
Demographics for 24273, VA
5,730
Population
2,690
Households
2.1
Avg Household Size
42
Median Age
13%
College-Educated
84%
High-School Grad
64.5 sq mi
ZIP Area
89
Density / Sq Mi
$39,797
Median Household Income
$34,863
Median Earnings
$678
Median Rent
$105,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land at a signalized four-way intersection, positioned for connectivity to a planned expressway corridor.
Where is this commercial land located?
The property is located at 551 HWY 58 E Norton, VA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Commercial land at a signalized four‑way intersection in the Town of Norton; Fronts Hwy 58 and US 23 at the intersection; Positioned on the path of the future Coal Fields Expressway (CFX) / Corridor Q
