#2516363, Vladimir Slobodnik, Listing office: Exit First Realty

103 SW Locust Ave Wise, VA 24273
Property details
About 103 SW Locust Ave
Located at 103 Locust Ave SW, Norton, VA 24273, this 12,223 square foot lot offers an excellent opportunity for builders, investors, or anyone looking to create something new in a quiet and well-established area. Zoned R-A (Residential-Agricultural), the lot provides the flexibility for a variety of residential uses, from single-family homes to modular or tiny house concepts. A home previously stood on this site, which means utilities—water, sewer, and electricity—are already available at the property, significantly reducing development costs and timelines. The lot is mostly flat and easily accessible from the main road, making it ideal for immediate construction. Nestled in a peaceful neighborhood with nearby access to shopping, dining, schools, and the scenic beauty of Southwest Virginia, this property is ready for your vision. Whether you're looking to build a primary residence or a profitable rental, this is a rare find in the Norton market. Act fast—opportunities like this don’t come around often
Highlights
Summary
- Basement: No
- List Price: $17,500
- Lot Size: 0.2806 Acres
- MLS Number: 2516365
- MLS Name: CVR
- Office Name: Exit First Realty
- Office Phone: (804) 527-3948
- Office Email: marc@marcshomes.net
- Listing Agent: Vladimir Slobodnik
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/13/2025, 5:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$17,500
103 SW Locust Ave
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Price information
Property sales
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Nearby schools
7
Wise Primary School
Public District PK-4
3.5 mi
•323 Railroad Ave SE
9
Union Primary School
Public District PK-4
7.6 mi
•2945 2nd Ave E
9
Coeburn Primary School
Public District PK-4
8.2 mi
•332 Schoolhouse Hill Dr NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,214. Most Wise, VA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 103 SW Locust Ave
The listing price of 103 SW Locust Ave property is $17,500.
The property 103 SW Locust Ave is land located in Wise, Virginia, 24273.
Active Listing: 103 SW Locust Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 103 SW Locust Ave are: Wise Primary School (GreatSchools Rating 7/10), Union Primary School (GreatSchools Rating 9/10), Coeburn Primary School (GreatSchools Rating 9/10), Norton Elementary School (GreatSchools Rating 7/10), L.F. Addington Middle School (GreatSchools Rating 8/10), Union Middle School (GreatSchools Rating 6/10), J.I. Burton High School (GreatSchools Rating 8/10), Central High School (GreatSchools Rating 8/10), Union High School (GreatSchools Rating 7/10).
The property 103 SW Locust Ave is 0.281 acres.
This home is located at 103 SW Locust Ave in Wise, VA and zip code 24273. Features: 0 bathroom. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $17,500.
In May 2025 more than 0 listings in Wise, VA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. In May 2025 in Wise, VA there were 20% less homes for sale than in April. The median list price of listings available in May 2025 was $170,000, while the average time on the real estate market was 133 days.