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Residential Income Property on Acreage

3516 Goldleaf Drive, Big Stone Gap, VA 24219

For Sale
$200,000

Commercial Sale, Big Stone Gap, VA

Property SizeContact for details
Lot Size9.00 Acres
Days on Market142

Property Features for 3516 Goldleaf Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning B3
Directions GPS Friendly
Subdivision 506 - Wise County
Standard status Active
APN 037711
Lot size 9.00 Acres

Taxes and HOA fees

Tax Annual Amount 642

Utilities

Sewer type Septic Tank
Water source Public

Building Details

Year built 1970
Listing Agency: Platinum Properties, Powell, Realtors
Listed By: Hannah Powell · License VA #327857
Added: Jun 22 Changed: Oct 2 Last Checked: Nov 10 at 9:06AM
MLS# 9997202

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

Located at 3516 Goldleaf Drive in Big Stone Gap, Virginia, this residential income property comprises two existing rental units on 9 acres. The units are identified as Unit 1 and Unit 2 and are currently rented, providing an established income component within the property’s existing configuration.

The property carries B3 zoning and was built in 1970. Public water serves the site, while wastewater is handled by a septic tank. Its acreage and existing residential improvements create a combination of land and income-producing units in Wise County.

Key Highlights

  • Two existing rental units identified as Unit 1 and Unit 2
  • 9 acres of property in Big Stone Gap, VA
  • B3 zoning

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 24219, VA

10,429
Population
4,473
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
85%
High-School Grad
72.8 sq mi
ZIP Area
143
Density / Sq Mi
$52,303
Median Household Income
$31,661
Median Earnings
$808
Median Rent
$161,300
Median Home Value
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Market

Average Price Trend$/SF for Residential income properties in Wise County, VA

$68.51 Jul
$48.06 Aug
$47.93 Sep
$53.69 Oct

Properties on Market for Residential income properties in Wise County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Residential income property - Two rental units are situated on a property with B3 zoning, public water, and septic service.
Where is this residential income property located?
The property is located at 3516 Goldleaf Drive Big Stone Gap, VA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two existing rental units identified as Unit 1 and Unit 2; 9 acres of property in Big Stone Gap, VA; B3 zoning
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