1 Waterlick Rd Lynchburg, VA 24501
- Commercial real estate
- 1 SF
- 10.82 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1 Waterlick Rd
- Lot size
- 10.82 lot acres
- Property size
- 1 SF
- Property type
- Commercial real estate
Description
This exceptional 10.82-acre parcel at 1 Waterlick Rd, Lynchburg, VA, presents a compelling investment opportunity in the thriving industrial sector. Priced at $950,000, this property offers significant potential for development and expansion. The land features a well-maintained gravel parking lot, providing immediate utility and ample space for future construction. Its strategic location offers unparalleled access to key transportation arteries, including proximity to Lynchburg Regional Airport and Route 460, ensuring seamless logistics and efficient distribution. The surrounding area is experiencing robust growth, attracting businesses and fostering a dynamic economic environment. This advantageous location, coupled with the substantial acreage and existing infrastructure, makes this property an ideal platform for a variety of industrial ventures. The property's size and location within a rapidly developing area promise strong returns for investors seeking a foothold in a high-growth market. The existing gravel parking lot provides immediate usability, minimizing upfront investment costs and allowing for rapid deployment of operations. This is a rare opportunity to acquire a significant industrial land holding in a prime location with excellent connectivity and future development potential. The property's size and location make it suitable for a wide range of industrial uses.
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
- Campbell
- State
- Virginia
- Longitude
- -79.2097
- Latitude
- 37.297
