Listing Agency: Gentry Commercial Real Estate Inc

Listed By: Christopher Gentry, SIOR · License #VA 0225033997

Source: Crexi

Added: Aug 26, 2019 Changed: Aug 31 Last Checked: Sep 2 at 2:22AM

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Investment Insights

Based on property information with market context.

This 1.08-acre commercial site is located in front of a 200-unit townhouse development and a Walmart Neighborhood Market. The property features road frontage on Timberlake Road (U.S. 460 Business) at a new signalized intersection. County water and sewer are available to the lot. The lot is already graded.

Key Highlights

• County water and sewer available.
• Road frontage on Timberlake Road (U.S. 460 Business) at new signalized intersection.
• Located in front of 200‑unit townhouse development and Walmart Neighborhood Market.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Big Box & Wholesale Store 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

328

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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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - 1.08 acre commercial land with utilities available.

Where is this commercial land located?

The property is located at 22111 Timberlake Road Lynchburg, VA.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: County water and sewer available.; Road frontage on Timberlake Road (U.S. 460 Business) at new signalized intersection.; Located in front of 200‑unit townhouse development and Walmart Neighborhood Market.