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Commercial Land with Paved Parking
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342 Oakley Avenue, Lynchburg, VA 24501

Paved commercial parcel with public water and sewer available for redevelopment or accessory parking use.

Property SizeContact for details
Days on Market143

Property Features for 342 Oakley Avenue

General Information

Standard status Active
Property subtype 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 5:16PM

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 parcel encompasses +/- 0.43ac and is currently surfaced as a paved parking lot. It serves as accessory parking for 301 Oakley Avenue, which is also offered separately, and may be acquired for redevelopment or together with that property. Public water and sewer are available at the site.

The property is situated near Lynchburg University and the main medical hub of the MSA. It is located within both an Enterprise Zone and a Revitalization Zone, adding relevant land-use context for evaluating the parcel's future application. The Oakley Avenue location supports consideration as a standalone land acquisition or as part of a combined property strategy.

Key Highlights

  • +/- 0.43ac commercial land parcel
  • Currently improved with a paved parking lot
  • Public water and sewer are available to the site

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Pharmacy Storage Facility Dental Office

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

859
Businesses Nearby

Demographics for 24501, VA

27,160
Population
12,157
Households
2.2
Avg Household Size
33
Median Age
25%
College-Educated
87%
High-School Grad
36.3 sq mi
ZIP Area
748
Density / Sq Mi
$45,305
Median Household Income
$28,790
Median Earnings
$936
Median Rent
$155,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Paved commercial parcel with public water and sewer available for redevelopment or accessory parking use.
Where is this commercial land located?
The property is located at 342 Oakley Avenue Lynchburg, VA.
What are key features of this property?
This property features: +/- 0.43ac commercial land parcel; Currently improved with a paved parking lot; Public water and sewer are available to the site
More about this property
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