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    200 Jefferson Ridge Pkwy Lynchburg, VA 24501

    For Sale
    $576,000

    Prime Lynchburg industrial land, I-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 12.8-acre industrial land parcel presents a compelling investment opportunity in Lynchburg, Virginia. Located at 200 Jefferson Ridge Parkway, this property boasts an I-3 zoning designation, opening doors to a wide array of industrial uses. Its convenient location offers easy access to US Route 221 (Lakeside Drive), ensuring seamless connectivity for transportation and logistics. The expansive lot size provides ample space for development, accommodating various industrial projects. The surrounding area features a diverse range of established industries, creating a synergistic environment for potential businesses. This property is situated in Lynchburg County, Virginia, with a zip code of 24501, and its coordinates are 37.397916 latitude and -79.2325989 longitude. The asking price for this significant industrial land parcel is $576,000. This presents a rare chance to acquire a substantial piece of land in a thriving industrial area, ideal for businesses seeking expansion or new development opportunities. The property is classified as industrial land, with a subtype of "Other" in addition to "Industrial". This versatile property offers significant potential for a variety of industrial uses given its size and zoning.

    Property Features for 200 Jefferson Ridge Pkwy

    General Information

    Property type
    Land
    Lot Size
    557,568 SF

    HighLights

    • 12.8‑acre industrial land parcel in Lynchburg, VA.
    • I‑3 zoning allows for diverse industrial uses.
    • Convenient access to US Route 221 and Lakeside Drive.
    • $576,000 asking price.
    • Located in Lynchburg County, VA (24501), 37.397916,-79.2325989.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Discount Tree Service ... Tree Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    State
    Virginia
    Longitude
    -79.2325989
    Latitude
    37.397916

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    FAQs

    What type of property is this?
    Land - Prime Lynchburg industrial land, I-3 zoning.
    Where is this land located?
    The property is located at 200 Jefferson Ridge Pkwy Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $576,000.
    What are key features of this property?
    This property features: 12.8-acre industrial land parcel in Lynchburg, VA.; I-3 zoning allows for diverse industrial uses.; Convenient access to US Route 221 and Lakeside Drive.
    Request Owner's contact information
    200 Jefferson Ridge Pkwy Lynchburg, VA 24501
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    Lynchburg, VA 24501
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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
    200 Jefferson Ridge Pkwy Lynchburg, VA 24501
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