Mixed-Use Property with Road
For Sale
Contact for pricing
21547 Timberlake Rd, Lynchburg, VA 24502
Two existing residential structures may support commercial conversion or be removed for new development.
Property SizeContact for details
Days on Market143
Property Features for 21547 Timberlake Rd
General Information
Standard status
Active
Property subtype
Mixed Use, Land
Listing Agency:
Gentry Commercial Real Estate Inc
Listed By:
Christopher Gentry, SIOR · License #VA 0225033997
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 10:41AM
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 Gentry Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
The offering combines two adjoining commercial parcels totaling approximately 2.41 acres. Together, they provide approximately 365 feet of frontage along Timberlake Road, identified as U.S. 460, and are currently improved with two residential structures.
The existing improvements may be converted for commercial use, while an alternative plan could remove the structures and prepare the combined property for new development. The offering includes both 21547 Timberlake Road and 21579 Timberlake Road in Lynchburg, Virginia.
The existing improvements may be converted for commercial use, while an alternative plan could remove the structures and prepare the combined property for new development. The offering includes both 21547 Timberlake Road and 21579 Timberlake Road in Lynchburg, Virginia.
Key Highlights
- Two adjoining commercial parcels totaling +/- 2.41ac
- Approximately 365' of frontage on Timberlake Road (U.S. 460)
- Includes 21547 & 21579 Timberlake Road
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two existing residential structures may support commercial conversion or be removed for new development.
Where is this mixed-use property located?
The property is located at 21547 Timberlake Rd Lynchburg, VA.
What are key features of this property?
This property features: Two adjoining commercial parcels totaling +/- 2.41ac; Approximately 365' of frontage on Timberlake Road (U.S. 460); Includes 21547 & 21579 Timberlake Road
