1941 Neeley Rd Big Stone Gap, VA 24219
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.
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American General Financial Services Loan Service
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Rent-A-Center Furniture & Home Goods Home Decor Store
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US Surface Mining Reclamation Sustainability Organization
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Dollar Tree Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.