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    14339 Wards Rd Lynchburg, VA 24502

    Sponsored
    For Lease
    $25 SF/Yr ($15,135 /Mo)

    Lynchburg, VA Retail/Office Space Available

    Lot size:
    7,265 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A, single-story strip center, built in 2020, offers 7,265 square feet of retail, office, and restaurant space in Lynchburg, Virginia. Located on Wards Road, a major commercial corridor with over 32,000 vehicles per day, this property boasts high visibility and convenient access near Liberty University, US 460/29 Bypass, and Lynchburg Regional Airport. The center features four suites, with two currently available, ranging from 1,800 to 3,665 contiguous square feet. One end-cap space offers a drive-thru configuration, totaling 1,865 square feet. Ample parking is provided with 35 spaces. The property is zoned for business use and sits within Campbell County. Current tenants include First Bank & Trust and Rehab Associates of Central Virginia. This prime location benefits from proximity to numerous new residential and commercial developments, making it an ideal investment opportunity. Minimum divisible space is 1,800 square feet, with a maximum contiguous space of 5,525 square feet.

    Property Features for 14339 Wards Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,265 SF
    Class
    A
    Total Rate
    15135.42

    Building Details

    Year Built
    2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,800 SF
    Rate per SF
    $25
    Space
    End Cap
    Size
    1,865 SF
    Rate per SF
    $27

    HighLights

    • 7,265 SF Class A single‑story strip center built in 2020.
    • Located on Wards Road in Lynchburg, VA, a high‑traffic corridor (32,000+ VPD).
    • Four suites available, ranging from 1,800 to 3,665 contiguous SF; one 1,865 SF end‑cap with drive‑thru.
    • 35 parking spaces.
    • Currently occupied by First Bank & Trust and Rehab Associates of Central Virginia.
    Property Profile Location Intelligence

    Current Use by Public Records

    First Bank and Trust ... Bank Alliance Movers Lynchburg ... Mover Rehab Associates of Central ... Physical Therapist

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Campbell
    State
    Virginia
    Longitude
    -79.1896078
    Latitude
    37.3234983

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    FAQs

    What type of property is this?
    Neighborhood center - Lynchburg, VA Retail/Office Space Available
    Where is this neighborhood center located?
    The property is located at 14339 Wards Rd Lynchburg, VA.
    What is the lease rate?
    The lease rate is $25-$27 SF/Yr.
    What are key features of this property?
    This property features: 7,265 SF Class A single-story strip center built in 2020.; Located on Wards Road in Lynchburg, VA, a high-traffic corridor (32,000+ VPD).; Four suites available, ranging from 1,800 to 3,665 contiguous SF; one 1,865 SF end-cap with drive-thru.
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    Lynchburg, VA 24502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14339 Wards Rd Lynchburg, VA 24502
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