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Residential Lot in Lynchburg, VA
For Sale
$40,000

4700 Greenwood Drive, Lynchburg, VA 24502

LAND - Lynchburg, VA

Property SizeContact for details
Lot Size0.34 Acres
Days on Market104

Property Features for 4700 Greenwood Drive

General Information

Property type Land
Property subtype Other
Zoning R4
Zoning description R4
Subdivision Perrymont
Elementary school Perrymont Elem
Middle school PL Dunbar Midl
High school Heritage High
Elementary school district Lynchburg
Middle school district Lynchburg
High school district Lynchburg
Directions Fort Avenue to Perrymont, Perrymont to Greenwood Drive, Left on Greenwood Drive, Lot is on the right side of road before the hill.
Standard status Active
APN 05714001
Lot size 0.34 Acres

Taxes and HOA fees

Tax Description GOLF PARK, BLK 10, LOTS 1-5
Legal Description GOLF PARK, BLK 10, LOTS 1-5
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: Fred Edward Willman
Added: Apr 24 Changed: Aug 2 Last Checked: Aug 5 at 8:06PM
MLS# 366115

Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is an unimproved 0.35-acre lot with road frontage. The property is zoned R4, offering multiple residential building options. This presents a great opportunity for a builder or investor to develop the land according to their plans.

Key Highlights

  • Unimproved .35‑acre lot offers a blank canvas.
  • Zoned R4, allowing multiple residential building options, making it ideal for development.
  • Road frontage provides easy access.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 24502, VA

41,058
Population
18,576
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
92%
High-School Grad
29.9 sq mi
ZIP Area
1,373
Density / Sq Mi
$66,027
Median Household Income
$35,923
Median Earnings
$1,166
Median Rent
$214,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Unimproved 0.35-acre lot zoned R4 with residential building options.
Where is this land located?
The property is located at 4700 Greenwood Drive Lynchburg, VA.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Unimproved .35‑acre lot offers a blank canvas.; Zoned R4, allowing multiple residential building options, **making it ideal for development**.; Road frontage provides easy access.
More about this property
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