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Norton Commercial Development Opportunity

Lot 2 Hwy 58, Norton, VA 24273

For Sale
Contact for pricing

5.799-acre commercial development site with high traffic exposure.

Property SizeContact for details
Lot Size5.80 Acres
Days on Market1381

Property Features for Lot 2 Hwy 58

General Information

Standard status Active
Lot size 5.80 Acres
Property subtype Land
Zoning B3
Listing Agency: The Addington Agency
Listed By: Garrett Addington · License TN #337697
Source: Crexi
Added: Jan 30, 2023 Changed: Nov 10 Last Checked: Nov 10 at 7:05AM

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 The Addington Agency

Rey
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Investment Insights

Based on property information with market context.

This 5.799-acre commercial development site is located in Norton, Virginia, off of Highway 58. The property is zoned B3 and suitable for medical, retail, and office space. Infrastructure is available at the road, and the property has the potential for subdivision. The elevated site overlooks the Highway and has a daily traffic count of 12,000. The property is located in the heart of town, presenting various development possibilities.

Key Highlights

  • 5.799 acres of commercial development land.
  • Located directly off Hwy 58 with high visibility.
  • B3 zoning allows for medical, retail, and office space.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Commercial land - 5.799-acre commercial development site with high traffic exposure.
Where is this commercial land located?
The property is located at Lot 2 Hwy 58 Norton, VA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 5.799 acres of commercial development land.; Located directly off Hwy 58 with **high visibility**.; B3 zoning allows for **medical, retail, and office space**.
(832) 226-3717 Call to check price and availability
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