1000 Irvine Farm Rd 68.5 Acres of Commercial Land Offered at $2,369,936 CAD in Covington, VA 24426

Prime real estate listing featuring a property ready for development located along Interstate 64 corridor in the Low Moor area of Alleghany County, Virginia. This property, known locally as the Irvine Farm, is situated in western Virginia at Mile Marker 22.8 on Interstate 64 approximately one mile from from Exit 21 Low Moor interchange. Interstate 64 is the major east-west highway artery running through the Alleghany Highlands area providing good access to many important population centers in the eastern United States. The Irvine Farm is a legacy property that has been owned by the same local family for approximately 175 years and has never been available for development. This exceptional property contains 68.50 acres of land offering a wide range of possibilities.
A defining feature of the property is its extensive frontage along the Jackson River. Situated within a large horseshoe bend of the river, the tract offers a unique combination of waterfront character, open land, mountain views, and development flexibility. This river frontage enhances the property's visual appeal and creates a setting that may support a variety of future uses, subject to zoning and entitlement considerations.
The property is currently zoned M-1 Industrial and benefits from access via Irvine Farm Road. Public utilities are reported to be on-site or nearby, supporting future planning efforts. Existing improvements include a historic two-story farmhouse dating to the early 1800s and a frame barn. With a combination of river frontage, interstate exposure, favorable topography, and a strategic location within the Alleghany Highlands, the Irvine Farm represents a significant development and investment opportunity.