1218 Park AveLynchburg, VA 24501

  • Industrial properties
  • 56,160 SF
For Lease
$6/SF/YR View listing

Property Details for 1218 Park Ave

Year built
1915
Lot size
0.86 AC
Property size (Sq ft)
56,160 SF
Zone code
B5
Property type
Industrial properties
Property subtype
Other warehouses
APN
010 27 002
APU
1027002

Description

This exceptional warehouse space at 1218 Park Avenue offers a fantastic opportunity for businesses seeking flexible industrial space. The property is zoned B-5, allowing for a diverse range of uses. Currently, there is one available unit, with sizes ranging from a minimum of 2,000 square feet to a maximum contiguous space of 4,900 square feet. The warehouse boasts a ceiling height of 17 feet 10 inches, providing ample vertical space for storage or operations. The unit is equipped with 200-amp power, sufficient for many industrial applications. The space is ready for immediate occupancy, having recently undergone a thorough cleaning and fresh coat of paint. This is an ideal location for businesses needing adaptable warehouse space in a well-zoned area. The multiple tenancy structure allows for potential expansion or collaboration opportunities within the building. The property's convenient location and versatile zoning make it a highly attractive option for a variety of industrial and commercial uses. Interested parties are encouraged to inquire about availability and lease terms. This is a rare opportunity to secure high-quality warehouse space in a desirable location. Don't miss out on this chance to establish your business in this well-maintained and conveniently located industrial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,608,526
    Hospitality
    $8,801,358
    Educational
    $7,322,626
    Medical
    $7,574,462
    Retail
    $11,390,752
1218 Park Ave, Lynchburg, Virginia

Location Insight

City
Lynchburg
County
Lynchburg City
State
Virginia
Latitude
37.4109
Longitude
-79.1531
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
2024
$3,560
$187,700
$212,300
$400,000
-
$187,700
$212,300
$400,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].