Tag: commercial & industrial

Are you Developer or Builder?

One can be both a developer and builder. Still, they are different tasks. “Development” means taking the raw land and preparing it for new construction (such as installing utilities — water, sewer, and electric). “Building” is erecting the structure.

Which are you? Developer or Builder?

Developer or builder, or both? Photo of construction of the now completed and open Love’s Travel Stop at Exit 21 I64 Low Moor VA
Karnes Creek zoned for business.

Whether you lean one way or the other, or see yourself as both, Karnes Creek Investment Company LLC has a 4.87 acre site at Exit 21 that’s ready for development.

The Karnes Creek site is situated diagonally across from the Love’s Travel Stop on the same side of the I64 interstate as LewisGale Hospital — Alleghany. The property qualifies as a tax advantaged opportunity zone investment with the chance to defer, reduce, and eliminate taxes on capital gains.

The Cat & Owl restaurant property adjoins the Karnes Creek site at Exit 21 in Low Moor VA.

The acreage is plenty big enough for an office building, hotel/motel, or medical center. B-1 zoning in Alleghany County VA lists nearly 30 different acceptable uses. Any one of which could be a fit.

So, then it comes down to what you can envision? Come talk to us. Take a look around our website and then let’s walk over the site and kick some dirt together. Call 540-960-1135.

Need a Launch Site for your Business?

Karnes Creek and Cat & Owl properties offer a launch site for your business at Exit 21 I64 in Low Moor VA
Is one, or both, of these properties a launch site for your business?

The 4.87 acre Karnes Creek site offers the perfect launch site for your business. This is a prime commercial location in the center of the Alleghany Highlands. The site is diagonally across I64 from the newly opened Love’s Travel Stop at Exit 21. We invite your calls and emails and encourage you to contact us with any questions.

Email karnescreekland4sale@gmail.com or call 540-960-1135.
Visit us on facebook at#karnescreekllc

Spurrier Consulting recommends 62-room Sleep Inn

A feasibility study by Spurrier Consulting recommends a 62-room Sleep Inn & Suites (a Choice Hotels franchise) at the Exit 21 I64 interchange in the Alleghany Highlands.

“We have reviewed the lodging market in Low Moor which included the nearby communities of Covington and Clifton Forge. There is a lack of franchised hotels along this stretch of I64.”

The need for new lodging accommodations in the Alleghany Highlands is further confirmed by a 2017 assessment by VTKnowledgeWorks. This assessment concludes that there is currently a need for an additional 230 rooms of above average or better quality in the region.

The Spurrier Consulting study dates back to 2008-2009.

Is it big enough?

Is it big enough? It comes down to what you are building.

Four acres is plenty big enough for an office building, hotel/motel, or medical center. B-1 zoning in Alleghany County VA lists nearly 30 different acceptable uses. Any of which could be a fit.

So, then it comes down to what you are building…and what you can envision?

174,240 square feet of land. That’s 4 acres. Take 10 percent of that total for setbacks, easements, storm water control, and other factors and that brings the area down to 156,816 square feet of buildable area. Assign 30 percent of that area to access lanes and parking for customers, guests, or employees and the square footage drops to 109,771 or just a bit more than 2 1/2 acres – about the size of your average city block. That’s a good size piece of ground for buildings and green space.

The 4.87 acre Karnes Creek site in Low Moor VA…is it big enough?  It comes down to what your are building and what you can envision.

Aerial view of Karnes Creek site at Exit 21 in Low Moor VA

Karnes Creek site at Exit 21 I64 in Low Moor VA

Karnes Creek Land For Sale
For More Information Contact:

Karnes Creek Investment Company, LLC
P. O. Box 635, Clifton Forge, VA  24422
Email:  karnescreekland4sale@gmail.com
Tel:  540-960-1135

www.facebook.com/karnescreekllc/

Need for 230 new rooms identified in the Alleghany Highlands region

More rooms and better rooms needed

A new study prepared by VT KnowledgeWorks for the economic development support organizations in the Alleghany Highlands found that the Alleghany Highlands region’s activities could support over 400 hotel and B&B rooms. Further there are no accommodations along the 50+ mile stretch of Interstate 64 in the Alleghany Highlands region other than in the Covington – Clifton Forge area.

Visitors agree with findings

After an assessment of five lodging accommodations market segments the study has identified a need for additional 230 rooms at the ABOVE AVERAGE or better quality standard. Visitor comments support the conclusion.

The Strategic Services Division of VT KnowledgeWorks (VTKW) provides one-on-one consulting to business, government agencies and their privately funded support organizations, and entrepreneurs throughout Virginia needing confidential strategic planning and business development assistance.

To access and read the executive summary   Click here

For more information contact:

Alleghany Highlands Economic Development Corporation
1000 Dabney Drive, Suite 658
Clifton Forge, VA 24422
info@ahedc.com
tel: (540) 862-0936
www.ahedc.com

Alleghany Highlands Chamber of Commerce & Tourism
110 Mall Road
Covington, VA 24426
info@ahchamber.com
tel: (540) 962-2178
www.ahchamber.com

New location and hungry for talent?

Seeking a new location and hungry for talent?

Talent shouldn’t be hard to find nor should opportunities for work force training and continuing education.  There are 20 colleges inclusive of two and four-year schools, both public and private, within 50 miles of Low Moor VA…and that’s just the Virginia schools.

Mountain Gateway Community College, the nearest college, is just under a mile and a half away “as the drone flies” and only minutes by car from Low Moor’s center.

The West Virginia School of Osteopathic Medicine in Lewisburg is just across the state line and there are community and technical colleges across the line as well.

The 4.87 acre Karnes Creek site at Exit 21 I-64 in Low Moor is in a prime location.  The property is visible from the interstate and ideally situated for that business looking for a new location and hungry for talent.

For list of nearby Virginia schools     Click here