161 Hayze Ln Wytheville, VA 24382
This exceptional 12.5-acre parcel of un-zoned land presents a unique investment opportunity in Wytheville, Virginia. Located at 161 Hayze Ln, Wythe County, zip code 24382 (36.9318743, -80.9982893), this property boasts an advantageous location near the interchange of Interstates 81 and 77, providing easy access to major markets along the East Coast. The property includes a pre-existing 1,500 square foot, two-story office building, offering immediate usability or potential for redevelopment. The un-zoned nature of the land allows for a wide range of industrial uses, maximizing flexibility and potential return on investment. The asking price for this expansive property is $1,400,000. Its central location in Wytheville, the county seat of Wythe County, makes it an ideal location for businesses seeking a strategic foothold in the region. This is a rare opportunity to acquire a significant land holding with existing infrastructure in a highly accessible location. The property's size and location offer substantial potential for future development and growth. Don't miss this chance to secure a prime piece of industrial real estate in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.