1600 Graves Mill Rd Lynchburg, VA 24502
For Lease
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This exceptional Class A, mixed-use development in Lynchburg, Virginia, offers 90,000 square feet of leasable space across retail, office, and special purpose areas. Situated on 62.3 acres at a signalized intersection on Graves Mill Road (20,000+ ADT), this 2024-built property boasts excellent visibility and accessibility. The development includes three available retail spaces ranging from 12,579 to 128,938 square feet, and is part of a larger planned community encompassing a proposed 20,000 square foot grocery anchor, 796 residential units, and three additional pad sites. The location benefits from a strong surrounding retail trade area, including over 876 existing luxury apartments and numerous national brands, with an average household income exceeding $85,000 within a 10-minute radius. The master plan is fully approved and entitled, providing flexibility for a wide range of uses. Build-to-suit, ground lease, and traditional leasing options are available. This fully funded and locally developed project offers a unique opportunity to be part of a thriving, high-growth community in Lynchburg city, VA, zip code 24502. The property is located at 1600 Graves Mill Rd. Multiple tenancy is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
10 · Lynchburg, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.