Automotive Property with Redevelopment
For Sale
Contact for pricing
3000 Wards Rd, Lynchburg, VA 24502
Existing dealership and service improvements occupy a large commercial site with public water and sewer.
Property Size42,790 SF
Lot Size4.31 Acres
Days on Market144
Property Features for 3000 Wards Rd
General Information
Standard status
Active
Size
42,790 SF
Lot size
4.31 Acres
Property subtype
Retail
Site & Location
Traffic Count
52,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Opportunity Zone
Yes
Building Details
Buildings
1
Listing Agency:
Gentry Commercial Real Estate Inc
Listed By:
Christopher Gentry, SIOR · License #VA 0225033997
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 8:50PM
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 property encompasses approximately 4.31 acres and includes an approximately 42,790-square-foot building currently configured for automotive sales and service. The improvements were originally constructed as a shopping center, providing a documented commercial redevelopment history. The sale also includes 2700 Wards Road, which is part of the stated total acreage.
The site fronts approximately 600 linear feet along Wards Road, identified as U.S. 29, where traffic exceeds 52,000 vehicles per day. It is next to the primary entrance of River Ridge Mall and adjacent to Liberty University. Public water and sewer serve the property, which is within a Designated Qualified Opportunity Zone.
The site fronts approximately 600 linear feet along Wards Road, identified as U.S. 29, where traffic exceeds 52,000 vehicles per day. It is next to the primary entrance of River Ridge Mall and adjacent to Liberty University. Public water and sewer serve the property, which is within a Designated Qualified Opportunity Zone.
Key Highlights
- Approximately 4.31 acres with an approximately 42,790‑square‑foot building
- Approximately 600' of frontage on Wards Road (U.S. 29)
- Wards Road traffic count exceeds 52,000 VPD
Property Analytics
Property Profile
Current Use
Lease Details
52,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- ATM (Sheetz) — 3927 Wards Rd, Lynchburg, VA 24502
- United Rentals — 3560 Young Pl, Lynchburg, VA 24501
Frequently Asked Questions
What type of property is this?
Automotive property - Existing dealership and service improvements occupy a large commercial site with public water and sewer.
Where is this automotive property located?
The property is located at 3000 Wards Rd Lynchburg, VA.
What are key features of this property?
This property features: Approximately 4.31 acres with an approximately 42,790‑square‑foot building; Approximately 600' of frontage on Wards Road (U.S. 29); Wards Road traffic count exceeds 52,000 VPD
