Development Land with Major Road
For Sale
$1,350,000
7051 Timberlake Road, Lynchburg, VA 24502
Commercial land tract with nearly 500 feet of road frontage and B1/B3 zoning, with water and sewer available.
Property Size329,052 SF
Lot Size7.50 Acres
Price / SF$4.10
Days on Market280
Property Features for 7051 Timberlake Road
General Information
Standard status
Active
Size
329,052 SF
Lot size
7.50 Acres
Property subtype
Land / Unimproved Land
Zoning
B1 B3
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$7,059
Amenities
.00
No
0 (0 0)
Aerial Photograph, Tax Map, Topography
Listing Agency:
Dewitt Real Estate & Auction
Listed By:
Tommy Dewitt · License #0225033016
(434) 941-1305
Source:
Compass
Added: Dec 2, 2025
Changed: Sep 8
Last Checked: Sep 8 at 9:03AM
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 Dewitt Real Estate & Auction
Investment Insights
Based on property information with market context.
This offering presents a commercial land tract on 7051 Timberlake Rd, offering more than 7.5 acres and strong visibility from the roadway. The property includes close to 500 feet of frontage along Timberlake Rd and is zoned B1/B3.
Utilities are available, with water and sewer listed as available for the site. The tract is described as being just seconds from US-29/501 (Lynchburg expressway), supporting accessibility for future development.
With its combination of acreage, zoning flexibility, and substantial road frontage, the property is positioned for a variety of commercial development uses consistent with B1/B3 zoning.
Utilities are available, with water and sewer listed as available for the site. The tract is described as being just seconds from US-29/501 (Lynchburg expressway), supporting accessibility for future development.
With its combination of acreage, zoning flexibility, and substantial road frontage, the property is positioned for a variety of commercial development uses consistent with B1/B3 zoning.
Key Highlights
- 7.5+ acre commercial land tract prominently fronting Timberlake Rd
- Nearly 500 ft of road frontage along Timberlake Rd
- B1/B3 zoning
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
246
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land tract with nearly 500 feet of road frontage and B1/B3 zoning, with water and sewer available.
Where is this commercial land located?
The property is located at 7051 Timberlake Road Lynchburg, VA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 7.5+ acre commercial land tract prominently fronting Timberlake Rd; Nearly 500 ft of road frontage along Timberlake Rd; B1/B3 zoning
