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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1941 Neeley Rd Big Stone Gap, VA 24219

88,637 SF
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Total area 88,637 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • American General Financial Services Loan Service
  • Rent-A-Center Furniture & Home Goods Home Decor Store
  • US Surface Mining Reclamation Sustainability Organization
  • Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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