Wise, VA Opportunity Zone
For Sale
$325,000
SW Woodland Drive, Wise, VA 24293
Land, Wise, VA
Property SizeContact for details
Days on Market150
Property Features for SW Woodland Drive
General Information
Property type
Land
Property subtype
Other
Zoning
Commercial
Subdivision
Not In Subdivision
Elementary school
Wise Elementary
Middle school
L. F. Addington
High school
Central (Wise, Va)
Directions
Continue on Norton Rd to your destination Turn right onto Norton Rd Turn left onto Woodland Dr SW Turn right Turn right Turn left
Standard status
Active
APN
036452
Taxes and HOA fees
Tax Annual Amount
1089
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
CENTURY 21 Legacy · Century 21 Real Estate
(423) 282-1885
Listed By:
Brooke Carver · License #357299
(423) 948-5042
Added: Mar 26
Changed: Aug 19
Last Checked: Aug 22 at 4:06PM
MLS# 9992982
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property presents a unique opportunity within a regional hub market characterized by limited competition. Its location within a designated Opportunity Zone offers potential tax advantages for investors. Situated in Wise's primary retail corridor, the property benefits from substantial local and regional traffic, driven by the presence of nearby national retailers and institutional demand. The site is located 0.7 miles from Food City and Lowe's and within a 5-minute drive of Walmart, positioning it centrally within Wise's core retail area. Furthermore, the property is within a 10-minute drive of the University of Virginia's College at Wise, generating consistent daily traffic from students, faculty, and staff. The property is suited for retail, service-based users, or flex development. The combination of limited competition, regional draw, and tax advantages makes this an opportunity for both investors and owner-users looking to capitalize on an underserved market.
Key Highlights
- Located in a designated Opportunity Zone, offering potential tax advantages for investors.
- Strategically positioned in Wise's primary retail corridor with strong local and regional traffic.
- Close proximity to major retailers like Food City, Lowe's, and Walmart.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 24293, VA
9,442
Population
4,642
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
84%
High-School Grad
56.6 sq mi
ZIP Area
167
Density / Sq Mi
$53,970
Median Household Income
$36,643
Median Earnings
$801
Median Rent
$119,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land in Wise's retail corridor, ideal for retail/flex development.
Where is this commercial land located?
The property is located at SW Woodland Drive Wise, VA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Located in a designated Opportunity Zone, offering potential tax advantages for investors.; Strategically positioned in Wise's primary retail corridor with strong local and regional traffic.; Close proximity to major retailers like Food City, Lowe's, and Walmart.
