For Sale
$299,000

601 Graves Mill RdLynchburg, VA 24502

4.7 Acres, $299,000, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 4.7-acre development site at 601 Graves Mill Road in Lynchburg, Virginia (zip code 24502), presents a compelling investment opportunity. Boasting over 600 feet of frontage on Graves Mill Road, this property enjoys a highly visible location, easily accessible from the 501 Expressway via the Graves Mill Road exit. Its strategic position places it near a variety of established businesses, including Charlie's Restaurant, Pinkerton Chevrolet & Buick, Heritage Funeral Home, Liberty University Online, and Home Depot, as well as numerous medical offices. The property is zoned B-5C & R-C, offering flexibility for a wide range of commercial uses permitted under these designations. This versatile land parcel is ideal for developers seeking a prime location with significant road frontage and proximity to key amenities and a substantial customer base. The asking price is $299,000. The property is classified as Industrial, Land, and Retail, with a subtype of R&D and Development Site. This is a rare opportunity to acquire a well-situated property in a thriving Lynchburg commercial corridor. Serious inquiries are encouraged.

Highlights

  • 4.7-acre development site in Lynchburg, VA (24502) at 601 Graves Mill Road.
  • Over 600 feet of frontage on Graves Mill Road, with easy access to the 501 Expressway.
  • Prime location near established businesses including restaurants, auto dealerships, and medical offices.
  • B-5C & R-C zoning allows for flexible commercial uses.
  • Asking price: $299,000.

Property Details for 601 Graves Mill Rd

Property type
Retail properties, Life science properties
Lot Size (sq. ft)
204,732 SF

Location Insight

City
Lynchburg
County
Lynchburg City
State
Virginia
Latitude
37.375024874403
Longitude
-79.213273000309
601 Graves Mill Rd, Lynchburg, Virginia

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601 Graves Mill Rd
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