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1600 Graves Mill Rd, Lynchburg, VA 24502

Commercial land options offered as pad sites within an approved, under-construction mixed-use master plan.

Space Size3,000 SF
Days on Market855

Property Features for 1600 Graves Mill Rd

General Information

Standard status Active
Size 3,000 SF
Property subtype RETAIL

Additional Details

Traffic Count 20,000 vehicles/day

Spaces For Lease

at 1600 Graves Mill Rd Contact us

1600 Graves Mill Rd

Floor
1
Size
3,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Rosedale is a 62.3 acre planned development that will be one of the largest of...
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Listing Agency: Cushman & Wakefield | Thalhimer - Roanoke
Listed By: Clay Taylor
Source: Moodyscre
Added: Apr 10, 2024 Changed: Aug 8 Last Checked: Aug 12 at 12:32PM

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 Cushman & Wakefield | Thalhimer - Roanoke

Investment Insights

Based on property information with market context.

This offering presents commercial land opportunities as pad sites within Rosedale, a 62.3-acre planned development in Lynchburg. The master plan is fully approved and entitled, with flexibility anticipated to accommodate a wide variety of potential uses. The project is currently under construction, and Phase I of the residential portion is slated for delivery by spring 2023 with 240 units.

Rosedale is located at a signalized intersection along Graves Mill Road with more than 20,000 ADT. The plan includes a proposed 20,000-square-foot grocery anchor, 720 residential units, and more than 70,000 leasable square feet of additional new construction retail space. There are 4 pad sites available.

Leasing opportunities include built-to-suit, ground lease, and traditional leasing. As described, the development is planned and executed as a vertically integrated project by the developer.

Key Highlights

  • 62.3‑acre planned mixed‑use development (master plan fully approved and entitled) with 20,000 SF grocery anchor and 720 residential units.
  • Under construction with site work and phase I residential planned for delivery by spring 2023, including 240 units.
  • Pad sites available (4 pad sites) plus 70,000+ leasable SF of additional new construction retail.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Gym & Fitness Center Garden Center Building Supply Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

245
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land options offered as pad sites within an approved, under-construction mixed-use master plan.
Where is this commercial land located?
The property is located at 1600 Graves Mill Rd Lynchburg, VA.
What are key features of this property?
This property features: 62.3‑acre planned mixed‑use development (master plan fully approved and entitled) with 20,000 SF grocery anchor and 720 residential units.; Under construction with site work and phase I residential planned for delivery by spring 2023, including 240 units.; Pad sites available (4 pad sites) plus 70,000+ leasable SF of additional new construction retail.
(804) 819-9948 Call to check price and availability
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