2608 Lakeside Dr Lynchburg, VA 24501
- Commercial real estate
- 4,263 SF
- 0.60 lot acres
Current Use by Public Records
- craveABLEs / Ice Cream Shop
- Royal Skillz / Video Arcade
Property Details for 2608 Lakeside Dr
- Year built
- 1968
- Lot size
- 0.60 lot acres
- Property size
- 4,263 SF
- Zone code
- B3
- Property type
- Commercial real estate
- APN
- 231 08 005
- APU
- 23108005
Description
This exceptional 13.65-acre commercial land parcel presents a remarkable investment opportunity in Lynchburg, Virginia. Located at 2608-2614 Lakeside Drive, this property boasts a highly desirable location at a major intersection, specifically adjacent to the intersection of US 221 and US 501. This ensures exceptional visibility and high traffic counts, making it ideal for a variety of commercial developments. The permitted zoning is commercial, allowing for a wide range of uses, including big-box retail or other similar ventures. The site is serviced by readily available water and sewer utilities, simplifying development plans. Furthermore, there's potential for expansion, with the possibility of assembling adjoining parcels to increase the overall acreage. The asking price for this strategically positioned land is $2,975,000. This prime location in Lynchburg, VA (zip code 24501) offers unparalleled potential for significant return on investment. The property's size and location make it an attractive prospect for businesses seeking high visibility and accessibility. Don't miss this chance to acquire a substantial commercial land parcel in a thriving market.
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
- -79.2261
- Latitude
- 37.3969
- CBSA code
- 31340
- CBSA name
- LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
