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3132 Virginia Ave

8.86 Acres of Commercial Land in Collinsville, VA 24078

Executive Summary

Large 8.86 acre site in the heart of Collinsville, VA that is prime for redevelopment. Industrial buildings have been demolished as of August 2023. Site has approximately 700 feet of road frontage along Virginia Avenue (US-220 Business) and 445 feet of road frontage along First Street. Please see the various illustrative site plans (included) for redevelopment potential.

Property Facts

Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Dealership
  • Community Center
  • Hotel
  • Medical
  • Restaurant
  • Self Storage
  • Strip Center
  • Supermarket
Total Lot Size 8.86 AC

1 Lot Available

Lot 1

Lot Size 8.86 AC

Large 8.86 acre site in the heart of Collinsville, VA that is prime for redevelopment. Industrial buildings have been demolished as of August 2023.

Description

Prime Redevelopment Site in the heart of Collinsville, VA – Rare 8.865 Acre Site. Buildings are currently being razed. AADT-17,000 on Main North/South Corridor Henry County. Excellent visibility. Access to all utilities is in place. Property owner has engaged an engineering firm to perform preliminary due diligence services to determine site density and infrastructure. Please see the 6 potential site renderings as prepared by the engineer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 214130001
  • 214130000
  • 214130008
  • 214130004
Land Assessment
$963,900
Improvements Assessment
$200,200
Total Assessment
$1,164,100

zoning

Zoning Code B1
B1
  • Listing ID: 8380356

  • Date on Market: 7/28/2017

  • Last Updated:

  • Address: 3132 Virginia Ave, Collinsville, VA 24078

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