Lebanon, VA Commercial Real Estate for Sale

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6 properties
Commercial Development Lot with Road Frontage
Updated: Feb 10
Commercial Development Lot with Road Frontage

Main Street lot: A, Lebanon, VA 24266

$299,000
2.04 AC lot
Prime commercial vacant lot with high visibility from 209 ft on US Route 11 and over 400 ft on Highland Drive.
Strategic in‑town location within Lebanon town limits, providing easy access to local amenities.
Zoned C‑1, permitting retail, office, bank, hotel, restaurant, medical clinic, and more.
Cleared and mostly level 2.04‑acre lot, minimizing site preparation costs.
Water utilities available on site.
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Timberland with Creek and Hay Fields
Updated: Jun 19
Timberland with Creek and Hay Fields

Clinch Mountain Road, Lebanon, VA 24266

$1,541,750
440.50 AC lot
Private Russell County property with a creek and a spring on‑site
Two hay fields plus rolling timberland and wooded areas
Electricity service available on the property
Trails wind through the wooded areas, with several cleared spots scattered throughout
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Prime Commercial Land in Lebanon
Prime Commercial Land in Lebanon

Main Street lot: B, Lebanon, VA 24266

$269,000
2.13 AC lot

2.13-acre commercial lot with high visibility and versatile potential.

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Restaurant with Drive-Thru For Sale
Restaurant with Drive-Thru For Sale

21 Highland Dr, Lebanon, VA 24266

Contact for pricing

2,626 SF restaurant with drive-thru on 1.23 AC.

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Former Call Center Office Building
Former Call Center Office Building

978 Regional Park Road, Lebanon, VA 24266

$4,500,000
54,000 sqft 14.68 AC lot

Steel-frame, one-level facility with a 12' x 14' dock high loading door and 442 paved parking spaces.

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Private Land with Creek and Spring
Private Land with Creek and Spring

Tbd Clinch Mountain Road lot: /, Lebanon, VA 24266

$1,541,750
440.50 AC lot

Large tract with creek, spring, hay fields, rolling timberland, trails, and electricity service for flexible rural use.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Lebanon, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Industrial-Ready Land with Garage
Industrial-Ready Land with Garage

1212 Quarry Road, Castlewood, VA 24224

$169,000
11.11 AC lot

Level-to-gently rolling acreage with road frontage and a large truck-capable garage for flexible commercial or farm use.

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Rolling Agricultural Land with Creek
Rolling Agricultural Land with Creek

16037 Knights Bridge Road, Abingdon, VA 24210

$399,000
46.64 AC lot

46.64-acre A1-zoned property with wooded acreage, trails, a creek, and an older farmhouse plus existing well and septic.

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Prime Commercial Land in Castlewood
Prime Commercial Land in Castlewood

19096 Us Hwy 58, Castlewood, VA 24224

$600,000
1.90 AC lot

1.9 acres of commercial land with versatile development potential.

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Interstate Visible Land For Sale
Interstate Visible Land For Sale

179 Jonesboro Rd, Abingdon, VA 24210

Contact for pricing
2.80 AC lot

2.8 acres with redevelopment potential near I-81.

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Off-Market Properties in Lebanon, VA

Consider similar Off-Market properties in Lebanon, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2143 Main St
AUTO REPAIR, GARAGE

2143 Main St, Lebanon, VA 24266-4845

Value Estimation by Request
3,575 sqft 2.09 AC lot
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705 Regional Park Rd
INDUSTRIAL (GENERAL)

705 Regional Park Rd, Lebanon, VA 24266-3706

$3,365,000
Estimated value
96,480 sqft 10.99 AC lot
View details
71 Regional Park Rd
RESTAURANT

71 Regional Park Rd, Lebanon, VA 24266-7046

$1,460,000
Estimated value
3,468 sqft 1.17 AC lot
View details
544 Clydes Way Dr
MEDICAL BUILDING

544 Clydes Way Dr, Lebanon, VA 24266

$1,930,000
Estimated value
87,088 sqft 14.00 AC lot
View details
Main St
VACANT COMMERCIAL LAND

Main St, Lebanon, VA 24266

Value Estimation by Request
0.40 AC lot
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1859 71
OFFICE BUILDING

1859 71, Lebanon, VA 24266-3433

Value Estimation by Request
4,200 sqft 0.80 AC lot
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58 Samuel Way Dr
WAREHOUSE, STORAGE

58 Samuel Way Dr, Lebanon, VA 24266-1105

$890,000
Estimated value
162,792 sqft 31.16 AC lot
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128 Rogers Ave
OFFICE BUILDING

128 Rogers Ave, Lebanon, VA 24266-9318

$750,000
Estimated value
11,040 sqft 1.04 AC lot
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140 Highland Dr
OFFICE BUILDING

140 Highland Dr, Lebanon, VA 24266-4674

$900,000
Estimated value
8,512 sqft 1.35 AC lot
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1102 Main St
OFFICE BUILDING

1102 Main St, Lebanon, VA 24266

Value Estimation by Request
1,400 sqft 0.26 AC lot
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293 Overlook Dr
OFFICE BUILDING

293 Overlook Dr, Lebanon, VA 24266

Value Estimation by Request
660 sqft 0.06 AC lot
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43 Wilson Ave
OFFICE BUILDING

43 Wilson Ave, Lebanon, VA 24266

Value Estimation by Request
2,324 sqft
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121 Fincastle Ests
CAR WASH

121 Fincastle Ests, Lebanon, VA 24266

Value Estimation by Request
1,323 sqft
View details
295 Technology Park Dr
OFFICE BUILDING

295 Technology Park Dr, Lebanon, VA 24266-4523

$2,685,000
Estimated value
41,924 sqft 29.10 AC lot
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107 Main St
OFFICE BUILDING

107 Main St, Lebanon, VA 24266

Value Estimation by Request
1,680 sqft
View details
318 Main St
HOMES (RETIRED, NURSING)

318 Main St, Lebanon, VA 24266-4614

$5,485,000
Estimated value
7,824 sqft 4.12 AC lot
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20 Clinch Mtn Ave
OFFICE BUILDING

20 Clinch Mtn Ave, Lebanon, VA 24266-7003

Value Estimation by Request
3,780 sqft
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13747 U S Hwy 19
OFFICE BUILDING

13747 U S Hwy 19, Lebanon, VA 24266-4355

Value Estimation by Request
4,554 sqft 4.45 AC lot
View details

Lebanon, VA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lebanon, VA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 54,000 square feet of properties for sale, with an estimated market value of $8,151,500.

Sale prices for business properties in Lebanon, VA start at $269,000, averaging $1,630,300, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 8,688
Population Growth (5Y) -5.4%
Median Household Income $54,806
College Educated 23.8%

High-Yield Neighborhoods for Investment

Identify Lebanon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24266 $973.5K

Taxes & Financing

Tax Rate (average for all types) 0.54%
Property Tax per SF $9.00 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Russell County

New Delisted

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