Wards Rd & Russell Wood Dr Lynchburg, VA 24502
- Land
- 1.96 lot acres
Current Use by Public Records
- Land
Property Details for 0 Wards Rd & Russell Wood Dr
- Lot size
- 1.96 lot acres
- Property type
- Land
Description
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.
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 City
- State
- Virginia
- Longitude
- -79.1902
- Latitude
- 37.3259
