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62.3 Acre Rosedale Development
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1600 Graves Mill Rd, Lynchburg, VA 24502

Planned mixed-use development with retail and residential opportunities.

Space Size2,935 SF
Property Size90,000 SF
Lot Size62.30 Acres
Days on Market887

Property Features for 1600 Graves Mill Rd

General Information

Standard status Active
Size 2,935 SF
Class A
Lot size 62.30 Acres
Property subtype Retail, Office, Special Purpose

Building Details

Building Size 90,000 SF
Year Built 2024
Tenancy Multiple

Spaces For Lease

at 1600 Graves Mill Rd Contact us

First Floor RETAIL SPACE

Size
2,935 SF
Type
Retail, Special Purpose
Availability
Active
Contact us

Outparcels Available

Type
Retail
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield Thalhimer - Charlottesville, Virginia
Listed By: Jenny stoner · License #VA
Source: Crexi
Added: Mar 29, 2024 Changed: Aug 22 Last Checked: Aug 29 at 11:37PM

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 Cushman & Wakefield Thalhimer - Charlottesville, Virginia

Investment Insights

Based on property information with market context.

Rosedale is a 62.3-acre planned development poised to become one of the largest of its kind in the Lynchburg market. The development is fully approved and entitled, offering flexibility to accommodate various potential uses. The master plan includes a proposed 20,000 square feet grocery anchor, 796 residential units, 3 pad sites, and over 70,000 square feet of additional, new construction retail space. Situated at a signalized intersection along Graves Mill Road, the location benefits from over 20,000+ ADT, providing connectivity to the surrounding retail trade area. This area features over 876 existing luxury apartment rentals and a dense cluster of national brands. The average household income within a 10-minute drive time is above $85,000. Rosedale is a vertically integrated project from planning to delivery, fully funded and built by an experienced local operator known for quality and execution. Build-to-suit, ground lease, and traditional leasing opportunities are currently available.

Key Highlights

  • Fully approved master plan offers a wide variety of potential uses.
  • Vertically integrated project, fully funded and built by an experienced local developer.
  • Located at a signalized intersection on Graves Mill Road with high traffic volume (20,000+ ADT).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Gym & Fitness Center Garden Center Building Supply Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Planned mixed-use development with retail and residential opportunities.
Where is this commercial land located?
The property is located at 1600 Graves Mill Rd Lynchburg, VA.
What are key features of this property?
This property features: Fully approved master plan offers a wide variety of potential uses.; Vertically integrated project, fully funded and built by an experienced local developer.; Located at a signalized intersection on Graves Mill Road with high traffic volume (20,000+ ADT).
(434) 234-8417 Call to check price and availability
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