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    1500 Piney Forest Rd Danville, VA 24540

    For Lease
    $13 SF/Yr ($16,671 /Mo)

    14,550 SF retail property with drive-thru and ample parking.

    Property size:
    14,550 SF
    Lot size:
    2.06 Acres

    Property Features for 1500 Piney Forest Rd

    General Information

    Size
    14,550 SF
    Lot size
    2.06 Acres

    Source: Commercial Realty Advisors Agent Steve Vallos

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property in Danville, VA

    This retail property, formerly a Walgreens, offers approximately 14,550 square feet of space on a 2.15-acre site. Situated at the corner of Piney Forest Road and Franklin Turnpike in Danville, Virginia, the location provides high visibility and accessibility. The property includes 84 parking spaces, a drive-thru, and a pylon sign. This property presents an opportunity for businesses seeking to enter the market or enhance their current presence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Walgreens Cosmetics Store Walgreens Pharmacy Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy FedEx OnSite Mailing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Walmart Pharmacy, Walgreens Pharmacy, CVS Pharmacy, COVID-19 Drive-Thru Testing at Walgreens

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Danville
    State
    Virginia
    Longitude
    -79.3935256
    Latitude
    36.633004

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    FAQs

    What type of property is this?
    Drug store - 14,550 SF retail property with drive-thru and ample parking.
    Where is this drug store located?
    The property is located at 1500 Piney Forest Rd Danville, VA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility corner location at Piney Forest Road and Franklin Turnpike.; - ±14,550 SF Walgreens property on a ±2.15-acre site.; - Features a drive-thru.
    (336) 793-0890
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    1500 Piney Forest Rd Danville, VA 24540
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    Danville, VA 24540
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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
    1500 Piney Forest Rd Danville, VA 24540
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