2 Acres of Retail Land in Lebanon

price

$0|Listed: Nov 3, 2026

MLS#795965457

location

Overlook Drive, Lebanon, Virginia

Status:Active

Property Type

  • Commercial Acreage

Acreage

2 acres

Format

Sale

Description

PRIME COMMERCIAL GROUND LEASE – LEBANON, VA

Coldwell Banker Commercial Brooks Real Estate presents approximately 2 acres of level, graded commercial land with direct frontage on Overlook Drive, across from Pal's Sudden Service.

PROPERTY DETAILS

• Available for Ground Lease: ±2 Usable Acres

• Total Parcel: 3.542 Acres

• Lease Rate: Negotiable – Based on ±2 Acres ONLY

• Zoning: C-1 Commercial

• Location: Overlook Drive, Lebanon, VA

• Parcel ID: 104R916D

LOCATION ADVANTAGES

• Directly across from Pal's Sudden Service

• Near Food City and established retail businesses

• Convenient access to US Highway 19

• Located near Pittston Road and Career Tech Drive

• Level, graded road-front land offering development flexibility

POTENTIAL COMMERCIAL USES

• Quick-Service Restaurants / Drive-Through Coffee

• Automotive Service / Tire Centers

• Medical / Professional Offices

• Banks / Financial Services

• Retail / Service Businesses

GROUND LEASE TERMS

• Flexible lease terms and structures are negotiable.

• Traditional ground lease with fixed monthly or annual rent.

• Percentage-of-sales ground lease based on tenant revenue.

• Hybrid structures combining base rent with percentage rent.

• Long-term lease arrangements available for qualified tenants.

All proposed uses are subject to applicable zoning and development approvals.

REFERENCE ADDRESS

Pal's Sudden Service

370 Overlook Drive, Lebanon, VA 24266

PRIME LOCATION

• Directly across from Pal's Sudden Service

• Near Food City and surrounding retail and service businesses

• Convenient access to US Highway 19 and its four-lane highway corridor

• Near the intersection of Overlook Drive, Pittston Road, and Career Tech Drive

• Positioned to serve Lebanon, Russell County, and surrounding Southwest Virginia communities

PROPERTY ADVANTAGES

• ±2 Acres of Level, Graded, Usable Road-Front Land

• 3.542-Acre Total Parcel

• Direct Frontage on Overlook Drive

• Established Commercial Surroundings

• Flexible Site Layout Potential for Building Placement, Parking, and Customer Circulation

• C-1 Commercial Zoning

IDEAL DEVELOPMENT CONCEPTS

• Quick-Service Restaurants and Drive-Through Concepts

• Coffee Shops and Breakfast Restaurants

• Automotive Service and Tire Centers

• Medical, Dental, and Professional Offices

• Banks and Financial Institutions

• Specialty Retail and Neighborhood Services

WHY THIS LOCATION?

The property's proximity to established businesses, including Pal's Sudden Service and Food City, provides a strong commercial setting for a new business. Its graded road-front acreage, convenient highway access, and location within Lebanon's commercial district make it an attractive option for national, regional, and local operators seeking a presence in the market.

Approximately 2 usable acres are available for ground lease, with rental consideration based on the usable acreage rather than the entire 3.542-acre parcel. All proposed uses and development plans are subject to applicable zoning regulations and approvals.

Contact Coldwell Banker Commercial Brooks Real Estate to explore the development potential of this Lebanon commercial site.

Listing Agent

David Burks

company

Commercial Brooks Real Estate

location

Williamsburg, Virginia

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