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    1941 Neeley Rd Big Stone Gap, VA 24219

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail & Office Space in Southwest Virginia

    Lot size:
    88,637 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, Powell Valley Shopping Center, is situated at 1941 Neeley Rd, Big Stone Gap, VA 24219, in Wise County. The center boasts a total of 88,637 square feet across two stories, offering a diverse range of retail and office spaces. Currently, nine individual spaces are available, ranging in size from 1,000 square feet to a substantial 20,596 square feet, providing flexibility for various business needs. The center enjoys a strong anchor tenant lineup, including Dollar Tree and Rent-A-Center, contributing to a vibrant and established retail environment. The property's location in Big Stone Gap benefits from a local economy driven by healthcare, hospitality, and retail trade, ensuring a stable and growing market. With ample space available, including 18,764 square feet dedicated to office use, Powell Valley Shopping Center presents a unique opportunity for businesses seeking a prominent presence in a thriving community. The property's size and layout offer significant potential for expansion and customization, making it an ideal investment for both established businesses and new ventures. This two-story building provides a substantial footprint and excellent visibility, ensuring maximum exposure for tenants. The property is classified as Retail, Office, and Land, offering diverse usage possibilities.

    Property Features for 1941 Neeley Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    88,637 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Unit L
    Size
    4,898 SF
    Space
    Unit K
    Size
    2,595 SF
    Space
    Unit J
    Size
    1,000 SF
    Space
    Unit I
    Size
    4,350 SF
    Space
    Unit H
    Size
    1,000 SF
    Space
    Unit G
    Size
    2,418 SF
    Space
    Unit F
    Size
    3,239 SF
    Space
    Unit E
    Size
    20,596 SF
    Space
    Second Floor Office Space Available
    Size
    18,764 SF

    HighLights

    • Powell Valley Shopping Center, a two‑story, 88,637 square foot retail and office property located at 1941 Neeley Rd, Big Stone Gap, VA 24219.
    • Nine available spaces ranging from 1,000 to 20,596 square feet.
    • Strong anchor tenants include Dollar Tree and Rent‑A‑Center.
    • Located in Big Stone Gap, VA, serving a local economy driven by healthcare, hospitality, and retail.
    • 18,764 square feet of dedicated office space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    American General Financial ... Loan Agency Rent-A-Center Furniture Store US Surface Mining ... Conservation Department Dollar Tree Dollar Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Pharmacy Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Big Stone Gap
    County
    Wise
    State
    Virginia
    Longitude
    -82.757786694718
    Latitude
    36.859748647223

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    Nearby Similar for Lease

    • $259,900
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      Commercial Space in Big Stone Gap

      Versatile commercial space suitable for various businesses in Big Stone Gap.
      11 N 5Th St, Big Stone Gap, VA 24219
      View Details
    • $400,000
      2,359 SF

      Restaurant Opportunity in Big Stone Gap

      Former Dairy Queen location with drive-thru in downtown Big Stone Gap.
      516 E 5Th St N, Big Stone Gap, VA 24219
      View Details
    • New
      $350,000
      1,400 SF

      Commercial Property in Big Stone Gap

      Prominent corner lot suitable for retail or light industrial use.
      1809 E 2Nd Ave, Big Stone Gap, VA 24219
      View Details
    • Contact for pricing
      18,764 SF

      Big Stone Gap Retail Center

      Retail and office spaces available in Big Stone Gap, Virginia.
      1937-1957 Neeley Rd, Big Stone Gap, VA 24219
      View Details

    FAQs

    What type of property is this?
    Land - Prime Retail & Office Space in Southwest Virginia
    Where is this land located?
    The property is located at 1941 Neeley Rd Big Stone Gap, VA.
    What are key features of this property?
    This property features: Powell Valley Shopping Center, a two-story, 88,637 square foot retail and office property located at 1941 Neeley Rd, Big Stone Gap, VA 24219.; Nine available spaces ranging from 1,000 to 20,596 square feet.; Strong anchor tenants include Dollar Tree and Rent-A-Center.
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    Big Stone Gap, VA 24219
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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
    1941 Neeley Rd Big Stone Gap, VA 24219
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