Retail Space
181 Plaza Road Southwest Wise, VA 24293
Details & Description
Price: $2,200,000
    Property Highlights
     Opportunity to purchase a two-tenant building at a combined 34,622 SF of retail space currently at 100 occupancy
     Two-Tenant Offering 100 Occupied Brand New Leases Scheduled Rental Increases New Roof 15-Year Warranty
    Listing Agents
    Ed Laycox

    O: 703-559-7190
    M: 202-236-6868
    ed.laycox@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    181 Plaza Road Southwest

    Wise, VA 24293

    Listing ID: 254687
    • 181 Plaza Road Southwest Wise, VA 24293 | for Sale | Photo 1
    • 181 Plaza Road Southwest Wise, VA 24293 | for Sale | Photo 2
    • 181 Plaza Road Southwest Wise, VA 24293 | for Sale | Photo 3
    181 Plaza Road Southwest | for Sale | Thumbnail 1
    181 Plaza Road Southwest | for Sale | Thumbnail 2
    181 Plaza Road Southwest | for Sale | Thumbnail 3
    Building Size: 34,622 SF
    Lot Size: 3.072 AC
    Land Size: 133,816 SF
    Building $/SF: $63.54
    Land $/SF: $16.44
    Price
    $2,200,000
    Property Highlights
    Two-Tenant Offering 100 Occupied Brand New Leases Scheduled Rental Increases New Roof 15-Year Warranty
    Opportunity to purchase a two-tenant building at a combined 34,622 SF of retail space currently at 100 occupancy
    E-Z Rentals signed a 3-year lease with 2 3-year options to extend
    Ashley HomeStore and Big Lots will be occupying spaces within Wise County Plaza in the near future
    Primary Retail Corridor Nearby NationalCredit Tenants Strong Tenant Synergy
    More than 29,000 residents and 12,000 employees support the trade area
    Features an average household income of $53,236

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Wise Area Market Trends

    Listing Demographics for 181 Plaza Road Southwest Wise, VA 24293

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3535,81112,403
    Population Median Age464140
    Population by Age0-9 Yrs32 (9%)698 (12%)1426 (11%)
    10-19 Yrs42 (11%)635 (10%)1435 (11%)
    20-29 Yrs32 (9%)883 (15%)1911 (15%)
    30-39 Yrs42 (11%)622 (10%)1436 (11%)
    40-49 Yrs32 (9%)652 (11%)1385 (11%)
    50-59 Yrs59 (16%)885 (15%)1732 (13%)
    60-69 Yrs39 (11%)655 (11%)1507 (12%)
    70+ Yrs76 (21%)780 (13%)1570 (12%)
    Median HH Income$40,722$39,091$38,370
    Total Household Income< 24K50 (32%)817 (35%)1791 (35%)
    25-49K37 (23%)618 (26%)1346 (26%)
    50-74K19 (12%)322 (13%)750 (14%)
    75-99K13 (8%)206 (8%)395 (7%)
    100-199K33 (21%)305 (13%)650 (12%)
    200K+3 (1%)40 (1%)78 (1%)
    Highest Education LevelNo Diploma527651715
    Diploma or GED7710712301
    Some College6810522085
    Assoc. Degree24401835
    Bachelors Degree19447950
    Higher Degree28357711
    Total Housing Units1802,7375,848
    --Owner-Occupied1171,5043,188
    --Renter-Occupied388041,822
    Owner-Occupied Values< 100K678001666
    100-199K264751019
    200-299K14157338
    300-399K1162130
    400-499K0712
    500K+0423
    Total Working Age Population2924,69210,086
    In Work Force1322,5965,424
    Not In Work Force1602,0964,662
    Workforce Employed1242,3544,994
    Workforce Unemployed7239423
    Civlian Workforce1312,5935,417
    Military Workforce037
    Total Households1552,3085,010
    Family Households1021,5153,246
    Non-Family Households537931,764
    Married Couple761,0412,298
    Other Family27474949
    Married w/Child21390840
    Single Male w/Child071142
    Single Female w/Child11211427

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Letcher County25,277-324,519-922,207-1019,970
    Virginia7,078,515+138,001,024+88,655,021+89,331,666
    Dickenson County16,395-315,903-1014,267-913,052
    Wise County40,123+341,452-937,844-436,400
    Norton city3,904+13,958-13,906-13,857

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 181 Plaza Road Southwest in Wise?
    The asking price for 181 Plaza Road Southwest is $2,200,000
    What is the building size of this Retail property in Wise, VA?
    The size of the building/unit at 181 Plaza Road Southwest in Wise is 34,622 square feet
    How much land does the Wise, VA property at 181 Plaza Road Southwest include?
    181 Plaza Road Southwest in Wise includes 3.072 acres of land
    What kind of Retail is the propery at 181 Plaza Road Southwest?
    The property at 181 Plaza Road Southwest Wise, VA 24293 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 181 Plaza Road Southwest in Wise?
    The population within 1 mile of 181 Plaza Road Southwest Wise, VA 24293 is 353 people.
    Who do I contact for questions about 181 Plaza Road Southwest?
    You should contact the listing agent, Ed Laycox, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    1336 East Stone Drive, Kingsport, TN CALL 2520 0.64
    3171 Linden Drive, Bristol, VA $750,000 5058 1.53
    845 Village Boulevard, Abingdon, VA $4,016,250 33816 4.52
    980 East Main Street, Abingdon, VA $1,300,000 4200 1.19
    320 West Elk Avenue, Elizabethton, TN $650,000 9600 0.58
    1361 U.S. 19E, Elizabethton, TN CALL 7358 -
    759 Kentucky 15, Jackson, KY CALL 2900 -
    615 Asheville Highway, Greeneville, TN $2,150,000 6000 11.5
    728 Parkway Drive, Salyersville, KY $1,961,000 7225 -
    9250 Old US Highway 421, Zionville, NC $149,000 1650 0.54

    Closest Commercial Airports

    Airport Distance (mi)
    Tri-Cities Regional TN/VA Airport (TRI) 36
    Tri-State/Milton J. Ferguson Field (HTS) 96
    Asheville Regional Airport (AVL) 106