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    OFF-MARKET
    Land

    0 Wards Rd & Russell Wood Dr, Lynchburg, VA 24502

    1.96 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.96-acre commercial land parcel presents a remarkable investment opportunity in Lynchburg, Virginia. Strategically located at the signalized intersection of Wards Road (Route 29) and Russell Woods Drive, this property boasts high visibility and accessibility. Comprising two lots (tax map numbers 22C-1-3 and 22C-2-2A), the land is ideally suited for a variety of commercial developments. Its level topography makes it particularly well-suited for drive-thru restaurants and retail establishments. The property's prime location offers significant advantages, situated just over a mile south of Liberty University's main campus and less than half a mile from Lynchburg Regional Airport, ensuring substantial foot and vehicular traffic. The flexible zoning permits a wide range of commercial uses, including restaurants, retail stores, convenience stores, auto sales, and auto repair facilities. This versatile property also presents an attractive option for a ground lease arrangement. Detailed information regarding this possibility is available upon request. This is a rare opportunity to acquire a highly desirable commercial site in a thriving area of Lynchburg. Don't miss out on this chance to secure a prime location for your next commercial venture.

    Property profile
    Verified
    Property type Land
    Lot 1.96 ac (85,378 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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