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Two-Level Highway Business Retail Space
For Lease
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551 Piney Forest Rd, Danville, VA 24540

Flexible two-story layout supports retail, office, service, storage, or multi-tenant operations.

Space Size12,450 SF
Property Size14,050 SF
Lot Size1.71 Acres
Days on Market127

Property Features for 551 Piney Forest Rd

General Information

Standard status Active
Size 12,450 SF
Total Parking Spaces 70
Lot size 1.71 Acres
Property subtype Retail
Zoning Highway Business

Building Details

Building Size 14,050 SF
Year Built 1983
Stories 2
Tenancy Multiple

Spaces For Lease

at 551 Piney Forest Rd Contact us

Available Space

Size
12,450 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Wilkins & Co Realtors
Listed By: Robert Johnston · License #0226001147
Source: Crexi
Added: Apr 30 Changed: Sep 2 Last Checked: Sep 2 at 10:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilkins & Co Realtors

Investment Insights

Based on property information with market context.

This retail space at 551 Piney Forest Rd includes a two-level building on 1.71 acres. The layout provides room for retail activity, office functions, service businesses, storage, or multi-tenant operations. Built in 1983, the property offers a substantial commercial footprint with potential for both ongoing business use and redevelopment.

The site is located in Danville, Virginia, along Piney Forest Road and is zoned Highway Business. Its location on a primary commercial corridor supports access and exposure for businesses seeking a visible retail or service setting.

Key Highlights

  • 1.71‑acre retail property at 551 Piney Forest Rd, Danville, VA 24540
  • Highway Business zoning
  • Two‑level building with a flexible functional layout

Property Analytics

Current Use

Dewberry Engineering Consultant

Suggested Use

Top Pick Law Firm Electrical Service Big Box & Wholesale Store Garden Center Food Market Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Dining 42% Electronics 3%
KFC Dining
8,851 visits/mo 0.5 miles
Zips Car Wash Shops & Services
5,633 visits/mo 0.1 miles
Family Dollar Shops & Services
5,071 visits/mo 0.3 miles
Papa John's Pizza Dining
4,094 visits/mo 0.3 miles
Citgo Shops & Services
3,593 visits/mo 0.4 miles

Demographics for 24540, VA

32,094
Population
15,792
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
87%
High-School Grad
75.0 sq mi
ZIP Area
428
Density / Sq Mi
$47,207
Median Household Income
$34,621
Median Earnings
$828
Median Rent
$146,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible two-story layout supports retail, office, service, storage, or multi-tenant operations.
Where is this retail space located?
The property is located at 551 Piney Forest Rd Danville, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1.71‑acre retail property at 551 Piney Forest Rd, Danville, VA 24540; Highway Business zoning; Two‑level building with a flexible functional layout
More about this property
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