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Multifamily Property on Acreage
For Sale
$200,000

3516 Goldleaf Drive, Big Stone Gap, VA 24219

COMMERCIAL - Big Stone Gap, VA

Property SizeContact for details
Lot Size9.00 Acres
Days on Market51

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 #327857
Added: Jun 22 Changed: Aug 10 Last Checked: Aug 11 at 8:06PM
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.

Investment Insights

Based on property information with market context.

This multifamily property includes two existing rental units on approximately 9 acres. Unit 1 and Unit 2 are currently rented, providing an established rental component within the property. The improvements date to 1970, and the site is served by public water with a septic tank for wastewater service.

Located at 3516 Goldleaf Drive in Big Stone Gap, Virginia, the property combines residential income use with a substantial land component. B3 zoning is in place, and the parcel is situated in Wise County near the 24219 postal area.

Key Highlights

  • Approximately 9 acres with two existing rental units
  • Current rental income from Unit 1 and Unit 2
  • B3 zoning

Property Analytics

Current Use

Commercial land

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property with rental units, B3 zoning, public water, and septic service.
Where is this multifamily 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: Approximately 9 acres with two existing rental units; Current rental income from Unit 1 and Unit 2; B3 zoning
More about this property
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