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Office Building
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Pending

25 Millrace Drive, Lynchburg, VA 24502

Office building for sale totaling 71,576 square feet.

Property Size71,576 SF
Days on Market135

Property Features for 25 Millrace Drive

General Information

Standard status Pending
Size 71,576 SF
Property subtype Office, Industrial
Listing Agency: JLL - Richmond, Virginia
Listed By: Jimmy Appich · License #VA 0225043590r
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 21 at 6:13AM

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 JLL - Richmond, Virginia

Investment Insights

Based on property information with market context.

This offering is an office building with a total size of 71,576 square feet. The property is presented for sale and is suited for office users looking for space within a dedicated commercial structure.

The asset is located at 25 Millrace Drive in Lynchburg, Virginia. Additional details about layout, finishes, and amenity features were not provided in the available information, so interested parties should confirm building specifics directly with the listing broker.

Key Highlights

  • Office building for sale totaling 71,576 SF
  • Property is an office building with 71,576 square feet of space

Property Analytics

Current Use

Belvac Development Industrial Manufacturer

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Garden Center Cafe & Coffee Shop Furniture & Home Goods

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

374
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building for sale totaling 71,576 square feet.
Where is this office building located?
The property is located at 25 Millrace Drive Lynchburg, VA.
What are key features of this property?
This property features: Office building for sale totaling 71,576 SF; Property is an office building with 71,576 square feet of space
(804) 200-6415 Call to check price and availability
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