Listing Agency: Century 21 Virginia Wilder Real Estate v***@gmail.com Show Phone

Listed By: D.J. Wilder · License #324242

Source: Compass

Added: Aug 13, 2024 Changed: Aug 31 Last Checked: Aug 29 at 8:59PM

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Investment Insights

Based on property information with market context.

This 21,780-square-foot commercial land parcel is located at 8426 Highway 421 in Pennington Gap, Virginia. City water and septic are present on the property, supporting future site planning without introducing unsupported assumptions about permitted development.

The parcel fronts US 421 and its rear boundary adjoins Straight Creek. The property previously contained a bar and grill that was destroyed by fire, leaving the site available for a new commercial concept or redevelopment subject to applicable approvals.

Key Highlights

• 21,780‑square‑foot commercial land parcel
• City water and septic located on site
• Road frontage along US 421

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Food Market Mobile Phone Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Explore this area Business Placement

Demographics for 24277, VA

6,463

Population

2,560

Households

2.5

Avg Household Size

40

Median Age

8%

College-Educated

73%

High-School Grad

53.2 sq mi

ZIP Area

121

Density / Sq Mi

$33,102

Median Household Income

$20,797

Median Earnings

$764

Median Rent

$81,200

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land with city water and septic already located on site.

Where is this commercial land located?

The property is located at 8426 Highway 421 Pennington Gap, VA.

What is the asking price?

The asking price for this property is $55,000.

What are key features of this property?

This property features: 21,780‑square‑foot commercial land parcel; City water and septic located on site; Road frontage along US 421