Skip to main content
Back to Search Results
|

Lot 2 Hwy 58, Norton, VA 24273

Show All 17 Photos
For Sale

$495,000

5.8 acres

Estimated Payment

$ 2,547 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 5.8 acres
    Lot size

Explore this Property

Looking for a commercial development site in the heart of Norton? Don't miss this one! Boasting tons of potential with 5.799 acres, this property is situated right off of Hwy 58 and promotes tons of exposure situated on an elevated site overlooking the Hwy with 12,000 daily traffic count. Zoned B3 with infrastructure available at the road and potential of subdividing, this property is suitable for medical, retail, office space, and so much more. Located in the heart of town, this property has endless possibilities. Whether you're looking for a new location for your business, or a new development opportunity, this property will not last long priced to sell at $495k. All information contained herein is gathered from tax records and homeowner and is subject to buyers and buyers agent verification.
MLS# 9947659

Courtesy Of The Addington Agency Bristol

(423) 845-5800

Property Features

  • Architecture Style
    Other
  • Lot Size
    5.8 Acres
  • View Type
    Mountain

Map and Directions

Directions to Lot 2 Hwy 58, Norton, VA 24273

Home seller CENTURY 21 Bennett & Edwards Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Bennett & Edwards Realty

(276) 328-0034
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $2,547
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,547

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Coeburn Primary School

Grades PK-4 Public School

Coeburn, VA 24230 7.5 miles
332 schoolhouse hill dr ne

401 total students
14:1 Student teacher ratio

School Rating: A+

School Details

J.w. Adams Combined

Grades PK-8 Public School

Pound, VA 24279 11.9 miles
10824 orby cantrell hwy

450 total students
13:1 Student teacher ratio

School Rating: A

School Details

Union Primary School

Grades PK-4 Public School

Big Stone Gap, VA 24219 8.3 miles
2945 2nd ave e

756 total students
15:1 Student teacher ratio

School Rating: A

School Details

St. Paul Elementary School

Grades PK-8 Public School

Saint Paul, VA 24283 16.4 miles
3200 deacon drive

357 total students
13:1 Student teacher ratio

School Rating: A

School Details

Wise Primary School

Grades PK-4 Public School

Wise, VA 24293 2.8 miles
323 railroad ave se

569 total students
13:1 Student teacher ratio

School Rating: B

School Details

Coeburn Middle School

Grades 5-8 Public School

Coeburn, VA 24230 7.6 miles
518 centre ave ne

340 total students
12:1 Student teacher ratio

School Rating: B

School Details

Union Middle School

Grades 5-8 Public School

Big Stone Gap, VA 24219 8.1 miles
3137 second avenue east

634 total students
15:1 Student teacher ratio

School Rating: B-

School Details

L.f. Addington Middle School

Grades 5-8 Public School

Wise, VA 24293 2.9 miles
324 school st

493 total students
13:1 Student teacher ratio

School Rating: A

School Details

Norton Elementary School

Grades PK-7 Public School

Norton, VA 24273 1 miles
205 park ave ne

535 total students
16:1 Student teacher ratio

School Rating: B+

School Details

J.i. Burton High School

Grades 8-12 Public School

Norton, VA 24273 1.7 miles
109 11th st sw

326 total students
16:1 Student teacher ratio

School Rating: A-

School Details

Central High School

Grades 9-12 Public School

Norton, VA 24273 1.2 miles
5000 warrior dr

606 total students
16:1 Student teacher ratio

School Rating: A

School Details

Eastside High School

Grades 9-12 Public School

Coeburn, VA 24230 7.5 miles
314 schoolhouse hill dr ne

402 total students
14:1 Student teacher ratio

School Rating: B

School Details

Union High School

Grades 9-12 Public School

Big Stone Gap, VA 24219 8.4 miles
322 powell valley rd

534 total students
14:1 Student teacher ratio

School Rating: B+

School Details
Other Nearby Schools Distance Type Grades School Rating
Minnick Education Center - Wise 3.4 miles Private 4-8
Regional Learning Academy/wise County 3.4 miles Public UG
Wise County Alternative Education Center 3.4 miles Public UG
Wise County Career-technical Center 3.6 miles Public UG

Minnick Education Center - Wise

Distance: 3.4 miles

Type Private

Grades: 4-8

Regional Learning Academy/wise County

Distance: 3.4 miles

Type Public

Grades: UG

Wise County Alternative Education Center

Distance: 3.4 miles

Type Public

Grades: UG

Wise County Career-technical Center

Distance: 3.6 miles

Type Public

Grades: UG

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Norton, VA 24273

Tour the area

Schedule a
tour with a
personal guide

Norton, VA 24273

This community’s employment is highest in the production occupations and healthcare practitioners industries. The area’s overall household expenses are above the national average.

81° July
Hottest Average Month
22° January
Coldest Average Month
2,609 Total Households in Area
-0.5% Increase in population since the year 2010
24.4%
of households
have children
16 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Norton, VA 24273

Norton, VA 24273 has a population of 5,846 people in 2,609 households with a median age of 43.1 years old.

-0.5%
Decrease in population
since the year 2010
Population is Trending down
2,592
Total households as of 2010
-0.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 90%
Black 3%
Hispanic 2%
Other 1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 90%, followed by Black at 3%, Hispanic at 2%, and Other at 1%.

Economics
for Norton, VA 24273

111 /sq mi
Population Density
$40,075 /yr
Median Household Income
$109,950
Median Sales Price
16 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 18.14% of the households.

Transportation to Work

  • Drive 83%
  • Work from Home 12%
  • Public Transit 6%
  • Walk or Bike 1%

Occupancy by Type

Owned 1,704 56%
Rented 905 30%
Vacant 413 14%

White vs Blue Collar Jobs







White Collar 77%
Blue Collar 23%

Family & Education Facts
for Norton, VA 24273

43.1 Median Age

Average Household Size

2.2
persons per
household

41%

Married Households

Community Population By Education

High School Graduate 36%
Some College 23%
Some High School 15%
Bachelors Degree 10%
Associates Degree 9%
Graduate Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 35.59% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
24.4% of households have children

Weather
for Norton, VA 24273

The weather for this area ranges from a high of 81° F in July to a low of 22° F in January

81° July
Hottest Average Month
22° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
22°
42°
Feb
25°
46°
Mar
32°
55°
Apr
40°
65°
May
48°
73°
Jun
56°
78°
Jul
60°
81°
Aug
59°
81°
Sep
52°
75°
Oct
41°
66°
Nov
33°
55°
Dec
26°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Tour the area

Schedule a
tour with a
personal guide

There's more to learn about Norton, VA 24273!
Explore more local area information

An Equal Opportunity Company

Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading