Listing Agency: Coldwell Banker Commercial Read & Co. r***@realestatelynchburg.com Show Phone

Listed By: Rick Read · License #0226023041 Show Phone

Source: Cbcworldwide

Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:50AM

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Investment Insights

Based on property information with market context.

The property consists of two parcels totaling approximately 2.15 acres. One parcel includes a 2,816 square foot building. The second parcel contains an abandoned house scheduled for demolition. Situated on Timberlake Road in a high-traffic area, the property is located beside a Citgo gas station. The lot dimensions are approximately 300 feet by 289 feet.

Key Highlights

• 2. 15 acres +/- total land area
• Located in a high traffic area on Timberlake Road
• 2816 SF building** on one parcel

Property Analytics

Property Profile

Current Use

Our Salon United Hair Salon Steve's Hair Care Hair Salon

Suggested Use

Top Pick Law Firm Pharmacy Auto Repair Shop Skin Care Clinic Gym & Fitness Center Auto Parts Store

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

387

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?

Land - 2.15 acres with building in high-traffic area.

Where is this land located?

The property is located at 7221 7225 Timberlake Road Lynchburg, VA.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: 2. 15 acres +/- total land area; Located in a high traffic area on Timberlake Road; 2816 SF building** on one parcel