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371 Expansion Dr - Located in VA Opportunity Zone

54 Acres of Industrial Land Offered at £4,308,150 in Hillsville, VA 24343

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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	£4,308,150	Property Subtype	Industrial
Sale Type	Investment or Owner User	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 Centre General Freestanding Golf Course or Driving Range Hold For Development Hold For Investment Industrial Park Landfill Lumberyard Radio or Television Transmission Facility Recycling Centre Self Storage Warehouse Timberland
No. Lots	1	Total Lot Size	54.00 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£4,308,150
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 Centre General Freestanding Golf Course or Driving Range Hold For Development Hold For Investment Industrial Park Landfill Lumberyard Radio or Television Transmission Facility Recycling Centre Self Storage Warehouse Timberland
Total Lot Size	54.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£4,308,150	Lot Size	54.00 AC
Price Per AC	£79,781

Price	£4,308,150
Price Per AC	£79,781
Lot Size	54.00 AC

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PROPERTY TAXES

Parcel Numbers	Multiple 399-A-1A 82-2-2 82-2-4 82-2-5 82-2-1 82-2-3 82-2-6	Improvements Assessment	£1,390,906
Land Assessment	£412,956	Total Assessment	£1,803,862

PROPERTY TAXES

Parcel Numbers

Multiple

399-A-1A
82-2-2
82-2-4
82-2-5
82-2-1
82-2-3
82-2-6

Land Assessment

£412,956

Improvements Assessment

£1,390,906

Total Assessment

£1,803,862

zoning

Zoning Code	Commercial - Industrial
Commercial - Industrial

(434) 996-7819

Contacts

Diane Caton
Steve Houchens
Caton Properties Inc.

Listing ID: 24946243
Date on Market: 31/01/2022
Last Updated:
Address: 371 Expansion Dr, Hillsville, VA 24343

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371 Expansion Dr, Hillsville, VA for sale Plat Map- Image 1 of 2 — Parcel footprint

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