Light Industrial lot totaling 5.29 acres located in the Technology Zone next to Terremark datacenter, SWIFT, Library of Congress and Germanna College. Site can accommodate a development of 100,000 sf building with flex, warehouse, office or datacenter with substantial parking. All utilities available to site, including fiber, sewer, water, natural gas and redundant electric power. Easy access to US 29 and RT3 and old town Culpeper shops, restaurants and breweries. The local government is probusiness. (5.29 Acre Lot). Can be combined with neighboring lot (8.25 Acre Lot) to create a 13.54 Acre lot.
Property is located in a Technology Zone which has an incentive program that reimburses business taxes based on the economic impact of new development. Qualified technology zone businesses which voluntarily comply with the Entrance Corridor Overlay District of the Culpeper County Zoning Ordinance may be eligible to receive incentive grants established by the Technology Zone Economic Development Policy.
Economic Development Incentives: Culpeper County recognizes the importance of being competitive to attract new business development. To that end, local tax incentive programs have been developed to assists industry with project financing and the cost of work force training. Financial incentives have been made available to eligible businesses that invest at least $500,000 in new capital improvements in Culpeper County. Other economic development incentives can be developed on a case-by case basis tailored to the needs of a particular business prospect. Culpeper County is also the Grantee of Foreign-Trade Zone and, under the Alternative Site Framework, can expedite application process for a business-driven zone.
Courtesy of: Wright Realty, Inc. Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 7th February, 2023 10:18 AM (UTC)