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    114 Leroy Bowen Dr Lynchburg, VA 24502

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    For Sale
    $455,000

    13.475-acre commercial land parcel with utilities near expressway.

    Lot size:
    13.48 Acres

    Property Features for 114 Leroy Bowen Dr

    General Information

    Lot size
    13.48 Acres

    Source: Gentry Commercial Real Estate, Inc Agent Christopher Gentry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Parcel Near Medical Facilities

    This 13.475-acre commercial parcel is served by public water and sewer. It is located in a convenient area near large medical and other professional facilities. Situated in a cul-de-sac, the property offers easy access to the Lynchburg Expressway and Timberlake Road. Additional contiguous parcels are available, potentially expanding the site to up to 22.38 acres.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.2118145
    Latitude
    37.3767866

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    FAQs

    What type of property is this?
    Land - 13.475-acre commercial land parcel with utilities near expressway.
    Where is this land located?
    The property is located at 114 Leroy Bowen Dr Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: - 13.475ac commercial parcel ready for development.; - Served by public water and sewer.; - Convenient location near large medical and other professional uses.
    (434) 485-8900
    Request Owner's contact information
    114 Leroy Bowen Dr Lynchburg, VA 24502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Leroy Bowen Dr Lynchburg, VA 24502
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