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    231 Dollar Dr Pennington Gap, VA 24277

    For Lease
    $350,000

    COMMERCIAL - Pennington Gap, VA

    Property size:
    10,800 SF
    Lot size:
    1.77 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 231 Dollar Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    36a-(10)-5,10
    Size
    10,800 SF
    Lot size
    1.77 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2001
    Building materials
    Block

    Copper Key Properties (423) 343-9080

    Listing agent Edward Grindstaff (423) 557-6933 License #0225221045

    Listing date Nov 6, 2025

    Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property with Dollar General

    This commercial property is situated on a 1.77-acre lot and features a Dollar General as a tenant. The property is zoned for commercial use. The building has 10800 square feet of space. The current rent is $2610 monthly. This property presents an investor opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service Redbox Movie Rental Kiosk

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Pharmacy Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pennington Gap
    County
    Lee
    State
    Virginia
    Longitude
    -83.054784
    Latitude
    36.742614

    Nearby Similar for Lease

    • $1,050,000
      239,580 SF

      Commercial Property in Pennington Gap

      Investment opportunity with 28 rentals and a Huddle House.
      282 Westgate Mall Cir, Pennington Gap, VA 24277
      View Details
    • $5 SF/Yr
      8,712 SF

      Riverbend Shopping Center Retail Space

      Retail space in Riverbend Shopping Center, adjacent to Food City.
      930 E Morgan Ave, Pennington Gap, VA 24277
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - 1.77 acre lot with Dollar General tenant.
    Where is this grocery and convenience store located?
    The property is located at 231 Dollar Dr Pennington Gap, VA.
    What are key features of this property?
    This property features: - 1.77+- acre lot with Dollar General tenant.; - Immediate income provided by current monthly rent of $2610.; - Great investor opportunity.
    (423) 557-6933
    Request Owner's contact information
    231 Dollar Dr Pennington Gap, VA 24277
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 Dollar Dr Pennington Gap, VA 24277
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