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Heavy Industrial Land
For Sale
$99,900

115 Chapel Lane, Lynchburg, VA 24501

Land, Lynchburg, VA

Property SizeContact for details
Lot Size1.31 Acres
Days on Market202

Property Features for 115 Chapel Lane

General Information

Property type Land
Property subtype Other
Zoning I-3
Zoning description I-3
Subdivision Old Forest Rd Commercial Corri
Elementary school Linkhorne Elem
Middle school PL Dunbar Midl
High school Heritage High
Elementary school district Lynchburg
Middle school district Lynchburg
High school district Lynchburg
Directions Old Forest Rd to Chapel Ln
Standard status Active
APN 22607005
Lot size 1.31 Acres

Taxes and HOA fees

Tax Description CLARKSTOWN, COBBS, PT NEW LOT
Legal Description CLARKSTOWN, COBBS, PT NEW LOT
Listing Agency: eXp Realty LLC-Stafford
Listed By: Chris Dorner · License #0225240704
Added: Mar 20 Changed: Sep 30 Last Checked: Oct 7 at 1:06AM
MLS# 365175

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 1.305-acre undeveloped parcel is zoned I-3 (Heavy Industrial). A conceptual plan has been prepared for flex warehouse development, and the site has direct access to a state-paved road.

The property is on Chapel Lane in Lynchburg’s commercial-industrial corridor, between Forest Road, Boonsboro Road, and Downtown Lynchburg.

Key Highlights

  • 1.305 acres of unimproved industrial land
  • I‑3 (Heavy Industrial) zoning
  • Conceptual site plan prepared for flex warehouse development

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Storage Facility Restaurant Law Firm

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

372
Businesses Nearby

Demographics for 24501, VA

27,160
Population
12,157
Households
2.2
Avg Household Size
33
Median Age
25%
College-Educated
87%
High-School Grad
36.3 sq mi
ZIP Area
748
Density / Sq Mi
$45,305
Median Household Income
$28,790
Median Earnings
$936
Median Rent
$155,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - An existing conceptual site plan outlines flex warehouse development on this undeveloped parcel.
Where is this industrial land located?
The property is located at 115 Chapel Lane Lynchburg, VA.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 1.305 acres of unimproved industrial land; I‑3 (Heavy Industrial) zoning; Conceptual site plan prepared for flex warehouse development
More about this property
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