Low Moor District

  1. Character: Properties following Interstate 64W between exits 21 and 16. Interstate frontage is business and retail with remaining census tract property offering broad opportunity for commercial, residential, and industrial development.
  2. Opportunity Zone Census Tract #: 51005080202
  3. Available Properties: Low Moor Mine (AR), Cat & Owl Restaurant (Bl), Karnes Creek (Bl), Boiling Spring School (AR), Comfort Inn (Bl), Former Kmart (Bl), Wolfe Road Land (Potts Creek: 4.87 acres and 27 acres) (AR)
  4. 30-Minute Drive Quick Facts (2019):
    • Total Population: 17,882
    • Population Growth 2010-2019: -2.39%
    • Population Per Square Mile: 100.3
    • Median Age: 47.6
    • Median Household Income: $45,846
    • Average Household Income: $58,842
    • HS Diploma or Higher: 86.5%
    • Bachelor’s or Higher: 16.9%
    • Total (NAICS11-19) Businesses: 719
    • Total Housing Units: 9,239
    • Owner Occupied Housing Units: 5,580
    • Median Home Value: $104,561
    • Average Home Value: $139,636
  5. Infrastructure:
    • Water and wastewater: Alleghany County
    • Electricity: Dominion Virginia Energy/BARC
    • Fiber: Lumos/Shentel
    • Transportation: I-64, US220, Amtrak
  6. Nearby Businesses: Lewis Gale Alleghany Hospital, Hampton Inn, Garten Trucking, Schaefer Rolls, Sonoco, Dixie Gas & Oil, Dawn Warehousing, various fast food    
  7. Recent Investments: Approximately $23 million has been invested in area since 2015 in new and updated facilities including Love’s Truck Stop, Seibel Heavy Equipment, Schaefer Rolls, Hampton Inn, Highlands Community Bank, Dawn Warehousing, and LewisGale Alleghany Hospital.

Contact

Alleghany Highlands Economic Development Corporation

  • 1000 Dabney Drive, Suite 658
    Clifton Forge, VA 24422
  • Email: marla@ahedc.com 
  • Phone: (540) 862-0936