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Prime Commercial Land Opportunity
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2608 Lakeside Dr, Lynchburg, VA 24501

13.65 acres at major intersection, ideal for retail.

Property SizeContact for details
Lot Size13.65 Acres
Days on Market2174

Property Features for 2608 Lakeside Dr

General Information

Standard status Active
Lot size 13.65 Acres
Property subtype Land
Zoning Commercial
Listing Agency: Gentry Commercial Real Estate Inc
Listed By: Christopher Gentry, SIOR · License #VA 0225033997
Source: Crexi
Added: Sep 19, 2020 Changed: Aug 8 Last Checked: Jul 26 at 9:35AM

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 13.65-acre commercial land parcel is located at a major intersection, presenting an opportunity for development. Water and sewer services are available to the site. The property is positioned as a potential location for a big-box store or other retail businesses. There is a possibility to assemble adjoining parcels for increased acreage. Situated adjacent to the intersection of U.S. 221 and U.S. 501, the location benefits from a high traffic count, making it an excellent retail location.

Key Highlights

  • High‑traffic location at the intersection of U.S. 221 and U.S. 501
  • 13.65 acres suitable for big‑box retail
  • Water and sewer available to the site

Property Analytics

Current Use

craveABLEs Grocery & Convenience Store Royal Skillz Arcade & Gaming Center

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Restaurant Law Firm Pharmacy Storage Facility

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

259
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 - 13.65 acres at major intersection, ideal for retail.
Where is this commercial land located?
The property is located at 2608 Lakeside Dr Lynchburg, VA.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: High‑traffic location at the intersection of U.S. 221 and U.S. 501; 13.65 acres suitable for big‑box retail; Water and sewer available to the site
More about this property
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