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Investment Highlights

  • The property consists of approximately 54 acres of industrial-zoned land with existing industrial and office improvements already in place.
  • Positioned within an established industrial area of Carroll County with proximity to existing business and manufacturing operations.
  • Existing warehouse and industrial infrastructure can support owner-user occupancy, expansion plans, or investment strategies.
  • Location within a designated Virginia Opportunity Zone may provide qualifying investors access to applicable tax incentives.
  • Access to the Interstate 77 corridor supports regional transportation, distribution, and workforce connectivity.
  • Significant land area provides flexibility for future development, outdoor storage, industrial operations, or phased growth.

Executive Summary

54 Acres commercial/Industrial Zoning, 84,000sf in Industrial/Garage/Warehouse and Office buildings w/13 Oversize garage doors (2 bays heated), 25+ft ceilings. Property located in Opportunity Zone.

Property Facts

Price $5,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Auto Salvage Facility
  • Baseball Field
  • Cement or Gravel Plant
  • Chemical or Oil Refinery
  • Contractor Storage Yard
  • Distribution
  • Food Processing
  • Garden Center
  • General Freestanding
  • Golf Course or Driving Range
  • Hold For Development
  • Hold For Investment
  • Industrial Park
  • Landfill
  • Lumberyard
  • Radio or Television Transmission Facility
  • Recycling Center
  • Self Storage
  • Warehouse
  • Timberland
Total Lot Size 54.00 AC
Opportunity Zone Yes
Zoning Commercial - Industrial

1 Lot Available

Lot

Price $5,000,000
Price Per AC $92,592.59
Lot Size 54.00 AC

371 Expansion Dr is an approximately 54-acre industrial-zoned property in Hillsville, Virginia.

Description

371 Expansion Dr is an approximately 54-acre industrial-zoned property in Hillsville, Virginia. The property includes existing industrial, warehouse, garage, and office improvements. The site is located within a designated Opportunity Zone and is situated within Carroll County's industrial corridor with access to Interstate 77 and regional transportation infrastructure. The property is marketed for industrial and commercial uses and includes land area that may support future development or expansion.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 36900383

  • Date on Market: 1/31/2022

  • Last Updated:

  • Address: 371 Expansion Dr, Hillsville, VA 24343

Contact the Sale Advisor

371 Expansion Dr - Located in VA Opportunity Zone

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