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    58 Lot 1 Hwy Norton, VA 24273
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    Property profile & analytics

    58 Lot 1 Hwy, Norton, VA 24273

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    • Land
    • 4.64 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 58 Lot 1 Hwy

    Lot size
    4.64 lot acres
    Property type
    Land

    Description

    This exceptional 4.644-acre commercial land parcel presents a remarkable investment opportunity in Norton, Virginia. Strategically located on Highway 58, this elevated site boasts significant visibility and accessibility, benefiting from an estimated 12,000 vehicles passing daily. The B3 zoning allows for a diverse range of commercial uses, including medical facilities, retail establishments, and office spaces, offering considerable development potential. Infrastructure is readily available at the roadside, and the property's size allows for potential subdivision. The asking price is $525,000, translating to approximately $113,146.55 per acre. The property's location in the heart of Norton ensures high traffic volume and convenient access to local amenities. Its elevated position provides excellent visibility and a commanding presence along Highway 58. The parcel is identified by APN 469-A-3. All provided information is based on tax records and owner data and should be independently verified. This prime location and flexible zoning make this an exceptional opportunity for commercial development in a thriving community. Don't miss this chance to secure a prominent position in Norton's commercial landscape.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Norton
    County
    Norton
    State
    Virginia
    Longitude
    -82.6162
    Latitude
    36.9381
    More about this property
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