11421 Norton Coeburn Road

Retail-Commercial for Sale
Catylist Listing ID: 30811726
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 7,520 SF
Gross Building Area: See Agent
Gross Land Area: 47.58 Acres
Sale Price: $700,000
Unit Price: $93.09 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/1/2022

Overview / Comments

This property offers 47.58 +/- acres of commercial property located on Norton Coeburn Road (U.S. 58-A Highway). Just .3 mile from the Coeburn Food City. Over 320 feet of road frontage with 2021 VDOT average daily traffic of over 11,000 vehicles per day. Highway median crossover intersects with the property entrance. This property includes a 7,200 sq.ft. structure with 4,000 sq.ft. of office space and 3,200 sq.ft. of shop/garage space. This building is currently leased with a gross lease of $2,000/mth. There are many mixed or alternate uses of this land and property for the Buyer's consideration. Contact the listing agent for more information and to schedule a property tour.

Additional Details

Nearest MSA: Big Stone Gap
County: Wise
Taxing Authority: Wise County, VA
Tax ID/APN: 033536; 036084; 036085; 035418; 006223
Retail Clientele: General, Business
Property Located Between: Coeburn - Norton
Property Visibility: Excellent
Highway Access: U.S.Highway 58-A
Site Description: Mostly mountainous with additional level and cleared acreage.
Tenancy: Single Tenant
Total Number of Buildings: 1
Typical SF / Floor: 7,200 SF
Property Condition: Average
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable
Legal Description: per deeds

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,749 5,538 12,495
Median Age: 37.76 38.16 39.06
Households: 698 2,162 5,050

Contact

Photograph of Listing Agent

Fred McClellan

Callebs Realty NETAR CMLS Member
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