Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1600 Graves Mill Rd Lynchburg, VA 24502

    Sponsored
    For Lease
    Contact for pricing

    Lynchburg, VA: Prime Retail & Office

    Lot size:
    90,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A, mixed-use development in Lynchburg, Virginia, offers 90,000 square feet of leasable space across retail, office, and special purpose areas. Situated on 62.3 acres at a signalized intersection on Graves Mill Road (20,000+ ADT), this 2024-built property boasts excellent visibility and accessibility. The development includes three available retail spaces ranging from 12,579 to 128,938 square feet, and is part of a larger planned community encompassing a proposed 20,000 square foot grocery anchor, 796 residential units, and three additional pad sites. The location benefits from a strong surrounding retail trade area, including over 876 existing luxury apartments and numerous national brands, with an average household income exceeding $85,000 within a 10-minute radius. The master plan is fully approved and entitled, providing flexibility for a wide range of uses. Build-to-suit, ground lease, and traditional leasing options are available. This fully funded and locally developed project offers a unique opportunity to be part of a thriving, high-growth community in Lynchburg city, VA, zip code 24502. The property is located at 1600 Graves Mill Rd. Multiple tenancy is available.

    Property Features for 1600 Graves Mill Rd

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    90,000 SF
    Class
    A

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Second Floor OFFICE SPACE
    Size
    12,579 SF
    Space
    Outparcels Available
    Size
    128,938 SF
    Space
    First Floor RETAIL SPACE
    Size
    15,700 SF

    HighLights

    • 62.3‑acre master‑planned community.
    • Over 90,000 SF of commercial space and 796 residential units.
    • Approved and flexible master plan.
    • 495 residential units delivered by Q1 2024.
    • Wawa under construction.
    • Signalized intersection access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg city
    State
    Virginia
    Longitude
    -79.23171215
    Latitude
    37.37594693

    Nearby Similar for Lease

    • Contact for pricing
      157,039 SF

      Industrial Space with Rail Access

      157,039 SF industrial space with rail access in Lynchburg.
      4201 Murray Pl, Lynchburg, VA 24501
      View Details
    • $14 SF/Yr
      3,814 SF

      Lynchburg Retail or Office Space

      3,814 SF suite suitable for retail or office use.
      7901 Timberlake Rd, Lynchburg, VA 24502
      View Details
    • Contact for pricing
      4,252 SF

      Timberlake Road Executive Suites

      Lynchburg, VA Office Space Available
      7916 Timberlake Rd, Lynchburg, VA 24502
      View Details
    • Contact for pricing
      81,064 SF

      Wards Crossing Power Center

      Lynchburg Retail Investment Opportunity
      4028 Wards Rd, Lynchburg, VA 24502
      View Details
    • $950 /Mo
      571 SF

      Mixed-Use Building in Downtown Lynchburg

      Downtown Lynchburg mixed-use property with apartments, office, and retail.
      725 Church St, Lynchburg, VA 24504
      View Details
    • Contact for pricing
      25,145 SF

      Lynchburg Restaurant Spaces Available

      Prime Retail & Restaurant Space in River Ridge
      3405 Candlers Mountain Rd, Lynchburg, VA 24502
      View Details
    • Contact for pricing
      37,000 SF

      Downtown Lynchburg Retail/Office Space

      Highly visible corner location in Downtown Lynchburg.
      925 Main St, Lynchburg, VA 24504
      View Details
    • $12 SF/Yr
      39,000 SF

      Lynchburg Office Space: 8,250 SF

      Prime Lynchburg office, 8,250 sq ft, great location.
      7701 Timberlake Rd, Lynchburg, VA 24502
      View Details
    • $20 SF/Yr
      5,899 SF

      Turnkey Restaurant Opportunity in Lynchburg

      5,899 SF restaurant space with panoramic views available for rent.
      828 Main St, Lynchburg, VA 24504
      View Details
    • $36 SF/Yr
      10,000 SF

      Fresh Market Station Retail Space

      Lynchburg, VA retail space available.
      3901 Old Forest Rd, Lynchburg, VA 24501
      View Details
    • $699,000
      8,144 SF

      Retail Building in Opportunity Zone

      8,144 SF retail building adaptable for various uses.
      408 Federal St, Lynchburg, VA 24504
      View Details
    • $23 SF/Yr
      6,424 SF

      Lynchburg Retail Space For Lease

      Prime Lynchburg retail space, 2,051 sq ft available.
      21054 Timberlake Rd, Lynchburg, VA 24502
      View Details

    FAQs

    What type of property is this?
    Specialty property - Lynchburg, VA: Prime Retail & Office
    Where is this specialty property located?
    The property is located at 1600 Graves Mill Rd Lynchburg, VA.
    What are key features of this property?
    This property features: 62.3-acre master-planned community.; Over 90,000 SF of commercial space and 796 residential units.; Approved and flexible master plan.
    Request Owner's contact information
    1600 Graves Mill Rd Lynchburg, VA 24502
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1600 Graves Mill Rd
    Lynchburg, VA 24502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1600 Graves Mill Rd Lynchburg, VA 24502
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.