14339 Wards RdLynchburg, VA 24502

  • Other commercial real estate
  • 7,255 SF
For Lease
$25/SF/YR View listing

Property Details for 14339 Wards Rd

Year built
2019
Construction
FRAME
Lot size
3.24 AC
Property size (Sq ft)
7,255 SF
Zone code
B-GC
Property type
Other commercial real estate
APN
022C-01000-005-0
APU
022C010000050

Description

This exceptional Class A, single-story strip center, built in 2020, offers 7,265 square feet of retail, office, and restaurant space in Lynchburg, Virginia. Located on Wards Road, a major commercial corridor with over 32,000 vehicles per day, this property boasts high visibility and convenient access near Liberty University, US 460/29 Bypass, and Lynchburg Regional Airport. The center features four suites, with two currently available, ranging from 1,800 to 3,665 contiguous square feet. One end-cap space offers a drive-thru configuration, totaling 1,865 square feet. Ample parking is provided with 35 spaces. The property is zoned for business use and sits within Campbell County. Current tenants include First Bank & Trust and Rehab Associates of Central Virginia. This prime location benefits from proximity to numerous new residential and commercial developments, making it an ideal investment opportunity. Minimum divisible space is 1,800 square feet, with a maximum contiguous space of 5,525 square feet.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,241,272
    Hospitality
    $1,136,999
    Educational
    $945,970
    Medical
    $978,503
    Retail
    $1,471,508
14339 Wards Rd, Lynchburg, Virginia
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Location Insight

City
Lynchburg
County
Campbell
State
Virginia
Latitude
37.3237
Longitude
-79.1888
CBSA code
31340
CBSA name
LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,491
$550,800
$669,500
$1,220,300
-
$550,800
$669,500
$1,220,300

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