Properties For Sale

at 1 Millrace Drive Contact us

Available Space

Floor

1

Size

162,600 SF

Type

Industrial

Term

Negotiable

Availability

Immediately

Contact us

Listing Agency: Richmond

Listed By: Sophia McCulloch Madgar Show Phone

Source: Property.jll

Added: Jul 16 Changed: Aug 29 Last Checked: Sep 2 at 1:10PM

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Investment Insights

Based on property information with market context.

This industrial property provides 162,600 SF of available commercial space at 1 Millrace Drive in Lynchburg, Virginia. The asset is offered for both sale and lease, providing flexibility for an owner-user or occupier evaluating a large-format industrial facility.

Key Highlights

• 162,600 SF of available industrial space
• For sale or lease
• 1 Millrace Drive, Lynchburg, VA 24502

Property Analytics

Property Profile

Current Use

Norcraft Co General Contractor MasterBrand Cabinets - Lynchburg ... Production Facility

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Storage Facility

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

554

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial property offering substantial commercial space for sale or lease in Lynchburg, Virginia.

Where is this industrial property located?

The property is located at 1 Millrace Drive Lynchburg, VA.

What are key features of this property?

This property features: 162,600 SF of available industrial space; For sale or lease; 1 Millrace Drive, Lynchburg, VA 24502