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Commercial Development Land with Signalized Corner

551 HWY 58 E Norton, VA 24273

551 HWY 58 E, Norton, VA, 24273
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For Sale
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Commercial land at a signalized four-way intersection, positioned for connectivity to a planned expressway corridor.

Days on Market56

Property Features for 551 HWY 58 E

General Information

Standard status
Active
Property subtype
Retail, Hospitality, Land
Listing agency Price Richards Commercial
Listed by David Richards · License #VA 0225249039
Source Crexi
Added: May 28 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 2:18PM

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.

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 Location Intelligence

Current Use by Public Records

Econo Lodge Inn ... Hotel & Motel

Suggested Use

Real Estate Agency Big Box & Wholesale Store Dental Office Electrical Service Garden Center Law Firm HVAC Service Building Supply Plumbing Service Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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