Pennington Gap, VA
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    Pennington Gap, VA Warehouses for Sale

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    Saint Charles, VA Jonesville, VA Dryden, VA
    Commercial Property with Apartment
    $130,000
    2,000 SF
    Commercial Property with Apartment

    5239 Us Hwy 421, Pennington Gap, VA 24277

    Versatile commercial building with apartment on a half-acre lot.
    • Mixed‑use property with commercial space and a 2‑bedroom apartment
    • Half‑acre lot with secondary water and sewer hookups for expansion
    • Two spacious garage bays with rear storage rooms suitable for workshop or storage
    • Apartment has updated electrical and separate meter
    • Durable metal roof
    Updated: Jul 10, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Pennington Gap, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Rogersville Commercial Property For Sale
    $379,000
    6,386 SF
    Rogersville Commercial Property For Sale

    Versatile commercial property with multiple income-producing possibilities on 2.77 acres.

    5168 Highway 11w, Rogersville, TN 37857

    View details
    Versatile Commercial Property in Norton, VA
    $350,000
    5,828 SF
    Versatile Commercial Property in Norton, VA

    Corner-lot property with showroom, warehouse, and parking in downtown Norton.

    629 NW Park Avenue, Norton, VA 24273

    View details
    Downtown Norton Commercial Building
    $375,000
    5,828 SF
    Downtown Norton Commercial Building

    Versatile commercial building in downtown Norton, Virginia.

    629 Park Ave Ne, Norton, VA 24273

    View details
    Rogersville Historic District Brick Building
    $750,000
    5,667 SF
    Rogersville Historic District Brick Building

    15,069 SF building in Rogersville's Historic District for sale.

    316 Main Street, Rogersville, TN 37857

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Near I-40
    $1,200,000
    11.00 Acres
    Prime Commercial Land Near I-40

    11-acre commercial property near I-40, Dandridge, TN. Zoned B-3.

    Green Valley Drive, Dandridge, TN 37725

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    Prime I-40 Frontage Land
    $1,590,000
    35.01 Acres
    Prime I-40 Frontage Land

    35-acre tract with high visibility on I-40.

    Exit415 W Highway 25 70, Dandridge, TN 37725

    View details
    15 Acre Commercial Land Tract
    $750,000
    15.00 Acres
    15 Acre Commercial Land Tract

    Ideally located commercial land with development potential near I-75.

    250B American Greeting Card Road, Corbin, KY 40701

    View details
    Riverfront Development Tract in Sevierville
    $2,200,000
    6.95 Acres
    Riverfront Development Tract in Sevierville

    6.95-acre industrial-zoned land with river frontage near downtown Sevierville.

    1000 Old Knoxville Highway, Sevierville, TN 37862

    View details

    Pennington Gap, VA Warehouses Market Trends and Statistics

    Explore 1 warehouses for sale in Pennington Gap, VA on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale, with an estimated market value of $130,000.

    Sale prices for warehouse buildings in Pennington Gap, VA start at $130,000, averaging $130,000, and reaching up to $130,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,379
    Population Growth (5Y) -6.9%
    Median Household Income $33,102
    College Educated 11.0%

    High-Yield Neighborhoods for Investment

    Identify Pennington Gap submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24277 $130K

    Taxes & Financing

    Tax Rate (average for all types) 2.09%
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lee County

    Residential Income

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