$1,700,000
Covington, VA 24426
MLS# 923760
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Property Description
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 from industrial and
Details
Contract Information
Current Price: $1,700,000
List Price: $1,700,000
List Date: 2026-01-07
Status: Active
General Property Description
Construction Status: Completed
Year Built: 1820
Lot Dimensions: See attached survey
Total Acreage: 68.5
Flood Area: Yes
On site Parking: Yes
Lease Available: No
Water Class: Waterfront Property
Water ID: River or Other
Length of Waterfront: 4500
Location Legal Taxes
Area: 2700 - Alleghany County
Street Number: 1000
Street Name: Irvine Farm Road
Street Suffix: RD
State/Province: VA
Zip Code: 24426
Municipality: Alleghany County
Other Water Details
River or Other: Jackson River
Property Features
Limited Service: Not Limited Service
Commercial Type: Industrial
Business Type: Industrial; Warehouse; Other
Sale Includes: Other - See Remarks
Construction: Vinyl
Levels: Two
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Private Septic
Water Heater Type: Tank
Water Heater Energy: Electric
Internet Access: Undetermined
Documents Available: Survey
Topography: Level
Views: Mountain(s); River; Sunrise; Sunset
Water Features: Main Channel
Supplements
commercial development with proper zoning change to mixed use with proper zoning change to mixed use with upscale residential. This tract of land is arguably among the best sites available for future development in the Alleghany Highlands with many desirable physical characteristics including high visibility from Interstate 64, very agreeable topography and stunning views of the surrounding mountains. This mostly open property lies inside a large horseshoe bend of the Jackson River with Interstate 64 for the whole southern boundary. Access is provided off the end of Irvine Farm Road (State Route 735). Improvements to the property include a historically significant two two story farmhouse circa early 1800's and a frame barn. Most public utilities are on site or nearby. The current zoning by Alleghany County is M-1, industrial District.
The property is centrally located in the beautiful Alleghany Highlands between Covington and Clifton Forge near the Alleghany County Governmental Complex, LewisGale Hospital Alleghany and Love's Travel Center. The area provides easy access to the Alleghany Highlands YMCA, Mountain Gateway Community College and Mountain View Elementary School. Renowned upscale resort amenities are nearby at The Omni Homestead Resort and The Greenbrier which is less than and hour drive away. Business development and tax incentive programs could be available to assist in the future development of this property.
A new survey plat and other property details are available upon request. Broker participation is welcome. Shown by appointment only.
Listing Office: CHARLTON ASSOCIATES
Last Updated: January - 07 - 2026
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