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Commercial Land with Signalized Access
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3010 Wards Rd, Lynchburg, VA 24502

Redevelopment site with an existing automotive service facility and high-volume roadway exposure.

Property SizeContact for details
Days on Market144

Property Features for 3010 Wards Rd

General Information

Standard status Active
Property subtype Retail, Land
Listing Agency: Gentry Commercial Real Estate Inc
Listed By: Christopher Gentry, SIOR · License #VA 0225033997
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:38AM

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.

This commercial land offering comprises two parcels totaling +/- 1.47 acres at 3010 Wards Rd in Lynchburg, Virginia. The property includes a 3,724-square-foot automotive service facility, providing an existing improvement on the site. Signalized access connects the property to Wards Road, also identified as U.S. 29.

Traffic volume exceeds 52,000vpd, supporting strong roadway exposure. The property is adjacent to Liberty University and lies within a designated Qualified Opportunity Zone. Its existing automotive facility, substantial land area, and location along a signalized U.S. 29 corridor create a property profile suitable for evaluating continued automotive use or future redevelopment.

Key Highlights

  • Two parcels totaling +/- 1.47ac
  • 3,724sf automotive service facility on site
  • Signalized access onto Wards Road (U.S. 29)

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Auto Parts Store Building Supply Carpet & Flooring Store Florist

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

518
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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Redevelopment site with an existing automotive service facility and high-volume roadway exposure.
Where is this commercial land located?
The property is located at 3010 Wards Rd Lynchburg, VA.
What are key features of this property?
This property features: Two parcels totaling +/- 1.47ac; 3,724sf automotive service facility on site; Signalized access onto Wards Road (U.S. 29)
More about this property
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