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Woodland Drive SW 1.07 Acres of Commercial Land Offered at $325,000 in Wise, VA 24293
Investment Highlights
- 10-minute drive of the University of Virginia’s College at Wise
- Located in an Opportunity Zone
- The site is just 0.7 miles from Food City and Lowe’s and within a 5-minute drive of Walmart
Executive Summary
This site offers a rare opportunity to position in a regional hub market with limited competition, now enhanced by its location within a designated Opportunity Zone, providing potential tax advantages for investors.
Strategically located within Wise’s primary retail corridor, the property benefits from strong local and regional traffic driven by nearby national retailers and institutional demand. The site is just 0.7 miles from Food City and Lowe’s and within a 5-minute drive of Walmart, placing it in the center of Wise’s core retail activity.
Additionally, the property is within a 10-minute drive of the University of Virginia’s College at Wise, creating consistent daily traffic from students, faculty, and staff.
With low acquisition costs, Opportunity Zone incentives, and strong upside potential, this property is ideally suited for retail, service-based users, or flex development. The combination of limited competition, regional draw, and tax advantages makes this an exceptional opportunity for both investors and owner-users looking to capitalize on an underserved market.
Strategically located within Wise’s primary retail corridor, the property benefits from strong local and regional traffic driven by nearby national retailers and institutional demand. The site is just 0.7 miles from Food City and Lowe’s and within a 5-minute drive of Walmart, placing it in the center of Wise’s core retail activity.
Additionally, the property is within a 10-minute drive of the University of Virginia’s College at Wise, creating consistent daily traffic from students, faculty, and staff.
With low acquisition costs, Opportunity Zone incentives, and strong upside potential, this property is ideally suited for retail, service-based users, or flex development. The combination of limited competition, regional draw, and tax advantages makes this an exceptional opportunity for both investors and owner-users looking to capitalize on an underserved market.
Property Facts
| Price | $325,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.07 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $325,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.07 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $325,000 | Lot Size | 1.07 AC |
| Price Per AC | $303,738.32 |
| Price | $325,000 |
| Price Per AC | $303,738.32 |
| Lot Size | 1.07 AC |
Wise’s primary retail corridor, the property benefits from strong local and regional traffic driven by nearby national retailers
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
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Woodland Drive SW
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