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1821 Estaline Valley Rd - Former Augusta Correctional Center 840 Acres of Commercial Land in Craigsville, VA 24430

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INVESTMENT HIGHLIGHTS

  • BARC Electric Cooperative substation onsite
  • Combined 326,000+ sf of existing improvements including manufacturing facilities, cold storage, warehouses and maintenance shops
  • ~290 wooded acres, predominately mixed hardwoods
  • Adjacent to wastewater treatment plant and
  • Working beef cattle operation with 500 acres of hay and grazing

EXECUTIVE SUMMARY

840± acre property which includes a decommissioned correctional center, manufacturing facilities, warehousing/support spaces and working cattle farm. 500 acres currently dedicated to hay and grazing, 290 wooded acres. Outstanding utility access with a BARC Electric Cooperative substation onsite and direct adjacency to the local wastewater treatment plant and a water tower.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Correctional Facility
  • Horse Stables
  • Industrial Park
  • Refrigeration or Cold Storage
  • Utility Substation
  • Warehouse
  • Water Retention Facility
  • Water Treatment Facility
  • Agricultural
  • Agribusiness
  • Pasture Ranch
  • Timberland
Total Lot Size 840.00 AC
Zoning A - General Agriculture

1 LOT AVAILABLE

Lot

Lot Size 840.00 AC

Augusta County parcels 70-28, 70-29, 70-30 and 70-41

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
070-29
Land Assessment
$3,623,224 CAD
Improvements Assessment
$45,770,583 CAD
Total Assessment
$49,393,806 CAD
  • Listing ID: 34966782

  • Date on Market: 2025-02-27

  • Last Updated:

  • Address: 1821 Estaline Valley Rd, Craigsville, VA 24430

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