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Commercial Pad Site with Signalized Access

15241 Wards Road, Lynchburg, VA 24502

For Lease
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Ground-lease site with access from Wards Road and Liberty Mountain Drive, near the US-460 interchange.

Space Size76,230 SF
Days on Market27

Property Features for 15241 Wards Road

General Information

Standard status Active
Size 76,230 SF
Property subtype Retail, Land

Spaces For Lease

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#1 Active

Size 76,230 SF
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Space 1 Active

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Listing Agency: Segall Group
Listed By: Andrew Segall · License MD #5695
Source: Crexi
Added: Oct 15 Changed: Nov 10 Last Checked: Nov 8 at 5:58PM

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 Segall Group

Rey
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Investment Insights

Based on property information with market context.

Approximately 1.75 acres are offered for ground lease at 15241 Wards Road in Lynchburg. The commercial pad has direct ingress from Wards Road and signalized access at Liberty Mountain Drive.

The site fronts US-29, with reported traffic of 32,000 AADT, and lies immediately south of the US-460 interchange, which carries 45,000 AADT. Nearby businesses include Chili’s and a Holiday Inn Express; SpringHill Suites, Hampton Inn, and Comfort Suites are also part of the surrounding hospitality cluster. Liberty Mountain Drive connects to Liberty University, where approximately 20,000 students and employees are on campus daily.

Key Highlights

  • Approximately 1.75‑acre commercial pad available for ground lease
  • Frontage on US‑29 with 32,000 AADT
  • Immediately south of the US‑460 interchange, with 45,000 AADT

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Hair Salon Electrical Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

88
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Ground-lease site with access from Wards Road and Liberty Mountain Drive, near the US-460 interchange.
Where is this commercial land located?
The property is located at 15241 Wards Road Lynchburg, VA.
What are key features of this property?
This property features: Approximately 1.75‑acre commercial pad available for ground lease; Frontage on US‑29 with 32,000 AADT; Immediately south of the US‑460 interchange, with 45,000 AADT
(410) 960-0361 Call to check price and availability
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