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13381 Governor G C Peery Hwy 3 Acres of Commercial Land Offered at $900,000 in Pounding Mill, VA 24637



Investment Highlights
- ±3 Acres in Prime Claypool Hill Commercial Corridor
- Excellent Visibility & Access on Governor G. C. Peery Hwy
- For Sale at $900,000 – Ground Lease Preferred
- Directly Across from Walmart Entrance
- Flexible Retail, Hospitality, Medical & Light Industrial Potential
Executive Summary
The property offers exceptional flexibility for a wide variety of potential uses, including QSR/restaurant, retail, convenience store, hotel, medical, office, automotive, financial services, self-storage, warehouse/light industrial, religious facility, funeral home, and other commercial development.
Claypool Hill serves as a major commercial hub for Tazewell County and the surrounding Southwest Virginia and Southern West Virginia trade area, making this an excellent location for both local and regional users.
Ownership prefers a long-term ground lease; however, the property is also being offered for sale at $900,000.
Property Facts
| Price | $900,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Zoning | None - Any commercial or light industrial use | ||
| Price | $900,000 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.00 AC |
| Zoning | None - Any commercial or light industrial use |
1 Lot Available
Lot
| Price | $900,000 | Lot Size | 3.00 AC |
| Price Per AC | $300,000.00 |
| Price | $900,000 |
| Price Per AC | $300,000.00 |
| Lot Size | 3.00 AC |
Prime ±3-acre commercial/light industrial site on Governor G. C. Peery Hwy, directly across from the Walmart entrance in Claypool Hill. Excellent visibility and flexible development potential. Ground lease preferred; sale offered at $900,000.
Description
Coldwell Banker Commercial Brooks Real Estate is pleased to offer this ±3-acre commercial/light industrial development site located along Governor G. C. Peery Highway in the heart of the Claypool Hill commercial corridor. Situated directly across from the Walmart entrance, the property offers excellent visibility, convenient access, and a strategic position among established retailers, restaurants, hotels, healthcare providers, and service businesses. The site provides flexible development potential for a wide variety of uses, including retail, QSR/restaurant, convenience store, hotel, medical, office, automotive, financial services, self-storage, warehouse/light industrial, religious facility, funeral home, and other commercial uses. Claypool Hill serves as an important commercial hub for Tazewell County and the surrounding Southwest Virginia and Southern West Virginia trade area. Ownership prefers a long-term ground lease but will also sell the property at the listed asking price of $900,000.
Property Taxes
| Parcel Number | 125B-A-0004 | Improvements Assessment | $70,200 |
| Land Assessment | $45,000 | Total Assessment | $115,200 |

