Current Use by Public Records
- Land
Property Details for 179 Jonesboro Rd
- Lot size
- 2.80 lot acres
- Property type
- Land
- Property subtype
- Hospitality properties
Description
This exceptional 2.8-acre development site in Abingdon, Virginia, presents a unique investment opportunity. Located at I-81, Exit 14, this property boasts unparalleled interstate visibility and high traffic counts, making it ideal for a variety of commercial ventures. Its strategic location places it across the street from Virginia Highlands Community College and Heartwood, a popular Southwest Virginia tourist destination, ensuring a consistent flow of potential customers. The area is already well-established with existing businesses including a Comfort Inn, Comfort Suites, and McDonald's, indicating a thriving commercial environment. The property itself sits above grade, offering stunning mountain views and currently features three buildings, each leased on a month-to-month basis. This presents flexibility for immediate income generation or redevelopment. The seller is open to considering lease-purchase options and partial owner financing, making this an accessible opportunity for various investors. The property's APN is 17342, and the address is 179 Jonesboro Rd, Abingdon, VA 24210. The newly completed I-81 cloverleaf further enhances accessibility and visibility. This is a rare chance to acquire a highly visible and strategically located property in a growing area. The asking price is $995,900.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Abingdon
- County
- Washington
- State
- Virginia
- Longitude
- -82.0131
- Latitude
- 36.6952
