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1304 Lovell St Lynchburg, VA 24501

For Sale
$48,000

Seven Lots, R3/R4 Zoning, High Potential

Property size:
1 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional investment opportunity presents seven contiguous lots in Lynchburg, Virginia, totaling approximately 3.41 acres, ideal for a variety of development projects. The properties are being sold as a single package and will not be sold individually. The lots offer a unique chance to acquire a substantial land holding in a desirable location. Zoning is a mix of R3 and R4, allowing for diverse development possibilities, subject to city approvals. Individual lot sizes vary, providing flexibility for a range of development plans. The largest lot, located at 101 Bath Street, encompasses 1.45 acres, while others range from 0.12 acres to 0.96 acres. The Lovell Street lots (1304 and 1308) each measure 0.24 acres. The Maury Street lot (400 Maury Street) offers 0.96 acres. Finally, the Pierce Street lots (1415 and 1417) are 0.12 and 0.13 acres respectively, and the Zenobia Street lot (1811 Zenobia Street) is 0.57 acres. This combined acreage presents a significant opportunity for developers seeking a substantial land parcel in a growing area. The asking price for the entire package is $48,000. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations and development possibilities. This is a rare opportunity to acquire a substantial land holding in Lynchburg, VA.

Property Features for 1304 Lovell St

General Information

Property type
Other commercial real estate
Square Feet
1 SF
Lot Size
10,454 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lynchburg
County
Lynchburg
State
Virginia
Longitude
-79.16211
Latitude
37.41803

FAQs

What type of property is this?
Commercial real estate - Seven Lots, R3/R4 Zoning, High Potential
Where is this commercial real estate located?
The property is located at 1304 Lovell St Lynchburg, VA.
What is the asking price?
The asking price for this property is $48,000.
More about this property
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