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    204 Industrial Dr Emporia, VA 23847

    Sponsored
    For Sale
    $500,000

    Prime I-2 zoned land, ideal for industrial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 500,000 dollar industrial land parcel presents a compelling investment opportunity. Situated within the Emporia Industrial Park, a key component of Virginia's Gigapark broadband region, this property boasts an I-2 industrial zoning designation. All essential public utilities are readily available, ensuring seamless development. The location offers significant advantages, benefiting from its inclusion in the state and local Enterprise Zone, HUB Zone, and Opportunity Zone programs, unlocking potential tax incentives and economic benefits. Strategic access to major transportation arteries is a key feature, with excellent connectivity to I-95, US 58, and the vital ports of Hampton Roads and Richmond, Virginia. This prime location facilitates efficient logistics and distribution, making it an attractive proposition for businesses seeking a strategic foothold in a thriving industrial corridor. The property's address is 204 Industrial Dr, Emporia, VA 23847. This is a rare opportunity to acquire land in a dynamic and incentivized location, perfectly positioned for industrial growth and development.

    Property Features for 204 Industrial Dr

    General Information

    Property type
    Land

    HighLights

    • $500,000 asking price.
    • 204 Industrial Dr, Emporia, VA 23847.
    • I‑2 Industrial zoning.
    • Located in Emporia Industrial Park, part of Virginia's Gigapark Broadband Region.
    • Public utilities available.
    • Situated in an Enterprise Zone, HUB Zone, and Opportunity Zone, offering potential state and local incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Electrical Service Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Emporia
    County
    Emporia City
    State
    Virginia
    Longitude
    -77.517340048572
    Latitude
    36.714965390345

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    Nearby Similar for Sale

    • $299,995
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      Historic Bank Building in Emporia

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    • Contact for pricing
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      330,000 sq ft industrial property with I-95 access.
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      View Details
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      Emporia, VA Retail Investment

      High-Cap Rate Aaron's Furniture Store
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      View Details

    FAQs

    What type of property is this?
    Land - Prime I-2 zoned land, ideal for industrial development.
    Where is this land located?
    The property is located at 204 Industrial Dr Emporia, VA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 204 Industrial Dr, Emporia, VA 23847.; I-2 Industrial zoning.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 Industrial Dr Emporia, VA 23847
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