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    14600 Wards Rd Lynchburg, VA 24502

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    For Sale
    Contact for pricing

    High-traffic 1.18-acre commercial lot, Lynchburg, VA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.18-acre commercial land parcel presents a prime investment opportunity in Lynchburg, Virginia. Strategically located at 14600 Wards Rd, Campbell County, zip code 24502 (37.3266701, -79.1910158), this property boasts a highly desirable location less than one mile south of the Route 460 interchange and just south of the Lynchburg Regional Airport. The site benefits from exceptional visibility and accessibility, experiencing a high average annual daily traffic count of 31,000 vehicles. Public water and sewer connections are conveniently located on-site, simplifying development plans. Furthermore, all necessary stormwater quality measures are already in place. The property's proximity to the south entrance of Liberty University adds significant value and potential for a diverse range of commercial ventures. The seller is open to exploring various transaction structures, including outright sale, ground lease arrangements, or build-to-suit options. While the sale is subject to existing use restrictions and easements, this property offers a compelling opportunity for businesses seeking a high-visibility location with readily available utilities in a thriving area. Potential for stoplight access further enhances its appeal.

    Property Features for 14600 Wards Rd

    General Information

    Property type
    Land
    Lot Size
    51,401 SF

    HighLights

    • High‑visibility location near Liberty University's South Entrance.
    • 31,000 average annual daily traffic count (AADT).
    • Potential for signalized intersection access.
    • All utilities readily available on‑site.
    • Available for sale, ground lease, or build‑to‑suit opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Campbell
    State
    Virginia
    Longitude
    -79.1910158
    Latitude
    37.3266701

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    FAQs

    What type of property is this?
    Land - High-traffic 1.18-acre commercial lot, Lynchburg, VA.
    Where is this land located?
    The property is located at 14600 Wards Rd Lynchburg, VA.
    What are key features of this property?
    This property features: High-visibility location near Liberty University's South Entrance.; 31,000 average annual daily traffic count (AADT).; Potential for signalized intersection access.
    (540) 353-5344
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    14600 Wards Rd 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
    14600 Wards Rd Lynchburg, VA 24502
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