Wards Rd & Russell Wood Dr Lynchburg, VA 24502
- Land
Current Use by Public Records
- Land
Property Details for 0 Wards Rd & Russell Wood Dr
- Property type
- Land
Description
This exceptional 1.96-acre commercial land parcel, situated at the highly visible, signalized intersection of Wards Road (Route 29) and Russell Woods Drive in Lynchburg, Virginia, presents a remarkable investment opportunity. Comprising two lots (tax map numbers 22C-1-3 and 22C-2-2A), this well-situated property boasts excellent visibility and accessibility. Its flat terrain makes it particularly suitable for drive-thru and retail establishments. The B-GC zoning permits a wide range of commercial uses, including restaurants, retail stores, convenience stores, auto sales, and auto repair facilities. The property's strategic location offers significant advantages, being just over a mile south of Liberty University's main campus and less than half a mile from Lynchburg Regional Airport, ensuring high traffic volume and strong potential for customer base. This property is also available for ground lease. Detailed information regarding this option is available upon request. The asking price for the outright sale is $1,900,000. This prime commercial land presents a rare opportunity to establish a thriving business in a high-demand area of Lynchburg, Virginia, zip code 24502, within Campbell County.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lynchburg
- County
- Campbell
- State
- Virginia
- Longitude
- -79.1902
- Latitude
- 37.3259
