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Heavy Industrial Land
For Sale
$99,900

115 Chapel Lane, Lynchburg, VA 24501

Unimproved commercial-industrial land with I-3 zoning and a conceptual flex warehouse plan.

Property SizeContact for details
Days on Market166

Property Features for 115 Chapel Lane

General Information

Standard status Active
Property subtype Unimproved Land
Listing Agency: eXp Realty LLC-Stafford
Listed By: Chris Dorner · License #0225240704
Source: Kw
Added: Mar 20 Changed: Aug 31 Last Checked: Sep 1 at 12:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC-Stafford

Investment Insights

Based on property information with market context.

This 1.3-acre unimproved parcel at 115 Chapel Lane is designated I-3 Heavy Industrial. The zoning supports a broad range of industrial applications, including flex warehouse development, contractor bays, light industrial operations, and vehicle or equipment storage.

The property fronts a state-paved road and sits within Lynchburg’s commercial-industrial corridor. Its position between Forest Road, Boonsboro Road, and Downtown Lynchburg provides access to established parts of the city. A conceptual site plan for a flex warehouse is already in place, giving prospective users or developers an established starting point for planning.

Key Highlights

  • 1.3‑acre unimproved industrial land parcel
  • I‑3 (Heavy Industrial) zoning
  • Potential uses include flex warehouse, contractor bays, light industrial, and vehicle or equipment storage

Property Analytics

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

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
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Frequently Asked Questions

What type of property is this?
Industrial land - Unimproved commercial-industrial land with I-3 zoning and a conceptual flex warehouse plan.
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: 1.3‑acre unimproved industrial land parcel; I‑3 (Heavy Industrial) zoning; Potential uses include flex warehouse, contractor bays, light industrial, and vehicle or equipment storage
More about this property
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