2608 Lakeside DrLynchburg, VA 24501

Property Details for 2608 Lakeside Dr

Year built

1968

Lot size

0.60 AC

Property size (Sq ft)

4,263 SF

Zone code

B3

Property type

Other 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.

• Alternative Use

  Use

  Valuation

  Residential

  $729,365

  Hospitality

  $668,094

  Educational

  $555,847

  Medical

  $574,963

  Retail

  $864,651

Location Insight

City

Lynchburg

County

Lynchburg City

State

Virginia

Latitude

37.3969

Longitude

-79.2261

CBSA code

31340

CBSA name

LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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