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1 Reliance Rd 3.84 Acres of Commercial Land Offered at $799,000 in Middletown, VA 22645

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INVESTMENT HIGHLIGHTS

  • High visibility and growth corridor, I-81, Exit #302.
  • National builders active on two development sites insure population growth.

EXECUTIVE SUMMARY

Seller will not offer longer feasibility periods.

PROPERTY FACTS

Price $799,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Bank
  • Drugstore
  • Fast Food
  • General Freestanding
  • Restaurant
Total Lot Size 3.84 AC
Zoning B2 - Business

1 LOT AVAILABLE

Lot 1

Price $799,000
Price Per AC $208,072.92
Lot Size 3.84 AC

Great site for retail, country market, restaurant, medical, hotels and more.

DESCRIPTION

SVN has listed more development land at I-81, Exit #302, Gateway entrance to the Historic town of Middletown. There are two corner parcels available for immediate development, zoned B2 highway commercial. The corner of Reliance and Old Valley Pike (Rt #11) has 3.84 acres, while the corner of Reliance and Birmingham Dr is 2.14 acres. Public water and sewer are available to each parcel. Reliance Road is a business hub corridor to support the hundreds of new homes under construction and to support Laurel Ridge Community College with a student population of over 3,500 plus staff and teachers. Middletown is the home of the historic Wayside Inn, circa 1797! Immediate neighbors include: Hotel, McDonalds, 7- 11, Liberty Convenience Store, shopping center and several new residential developments by national builders. High visibility, High growth! This is where you need to locate your business for success!

  • Listing ID: 28860938

  • Date on Market: 6/27/2023

  • Last Updated:

  • Address: 1 Reliance Rd, Middletown, VA 22645

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