Karnes Creek Commercial/Hotel Development Opportunity

This 4.87 acre undeveloped commercial property is situated along Interstate 64 with frontage along the interstate. The site is cleared and zoned for business. With significant new development planned and underway, this interstate interchange represents a significant opportunity for commercial and hotel development. In addition to the hospital and government complex located at the interchange, a major new industrial/commerce park is under development and a housing development with over 95 units is nearing completion. All of the new growth at this location, in addition to the abundant tourist attractions and organized events demand additional hotel and commercial support.

» 4.87 acre cleared, undeveloped
commercial property is situated
on an interchange fronting
Interstate 64 in Virginia.
» Visible from Interstate 64
» Zoned B-1
» Located in an Opportunity Zone
offering a tax advantaged
investment opportunity
» Located within an Enterprise
Zone offering diverse
development incentives
» Located adjacent to the entrance of
LewisGale Hospital–Alleghany,
a regional hospital
» Adjacent property, a former
restaurant, potentially available

Site sheet available click here.