1304 Lovell St Lynchburg, VA 24501
- Commercial real estate
- 1 SF
- 0.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1304 Lovell St
- Lot size
- 0.24 lot acres
- Property size
- 1 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents seven contiguous lots in Lynchburg, Virginia, totaling approximately 3.41 acres, ideal for a variety of development projects. The properties are being sold as a single package and will not be sold individually. The lots offer a unique chance to acquire a substantial land holding in a desirable location. Zoning is a mix of R3 and R4, allowing for diverse development possibilities, subject to city approvals. Individual lot sizes vary, providing flexibility for a range of development plans. The largest lot, located at 101 Bath Street, encompasses 1.45 acres, while others range from 0.12 acres to 0.96 acres. The Lovell Street lots (1304 and 1308) each measure 0.24 acres. The Maury Street lot (400 Maury Street) offers 0.96 acres. Finally, the Pierce Street lots (1415 and 1417) are 0.12 and 0.13 acres respectively, and the Zenobia Street lot (1811 Zenobia Street) is 0.57 acres. This combined acreage presents a significant opportunity for developers seeking a substantial land parcel in a growing area. The asking price for the entire package is $48,000. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations and development possibilities. This is a rare opportunity to acquire a substantial land holding in Lynchburg, VA.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lynchburg
- County
- Lynchburg
- State
- Virginia
- Longitude
- -79.16211
- Latitude
- 37.41803
