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115 Chapel Ln 1.3 Acres of Industrial Land Offered at $99,900 in Lynchburg, VA 24501
Investment Highlights
- Ideal for flex warehouse, contractor yard, vehicle storage, or broader industrial development use
- Enterprise Zone location with potential grant incentives
- Prime location with quick access to US-29, Forest Rd & Downtown
Executive Summary
Ideal for industrial development, manufacturing, warehousing, contractor storage, or a staging yard.
Property falls within the City of Lynchburg Enterprise Zone, offering potential incentives including the Real Property Investment Grant (RPIG) and Job Creation Grant (JCG).
Flexible for owner-users or investors seeking industrial land with strong access and proximity to major corridors.
Available for sale ($99,000) or lease ($1,800/month).
Excellent location between Forest Road, Boonsboro Road, and Downtown Lynchburg with quick access to US-29.
Conceptual site plan available for flex warehouse development, providing a clear path for future buildout.
Property falls within the City of Lynchburg Enterprise Zone, offering potential incentives including the Real Property Investment Grant (RPIG) and Job Creation Grant (JCG).
Flexible for owner-users or investors seeking industrial land with strong access and proximity to major corridors.
Available for sale ($99,000) or lease ($1,800/month).
Excellent location between Forest Road, Boonsboro Road, and Downtown Lynchburg with quick access to US-29.
Conceptual site plan available for flex warehouse development, providing a clear path for future buildout.
Property Facts
| Price | $99,900 | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.30 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | I-3 - Zoned I3 - Heavy Industrial District | ||
| Price | $99,900 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 1.30 AC |
| No. Stories | 1 |
| Zoning | I-3 - Zoned I3 - Heavy Industrial District |
1 Lot Available
Lot
| Price | $99,900 | Lot Size | 1.30 AC |
| Price Per AC | $76,846.15 |
| Price | $99,900 |
| Price Per AC | $76,846.15 |
| Lot Size | 1.30 AC |
1.305 acres Zoning: I-3 Heavy Industrial Topography: Gently rolling Road frontage: State-paved access Current use: Vacant / unimproved No existing structures Parcel ID: 22607005 Annual taxes: ~$465
Description
1.3 acres of unimproved land in Lynchburg’s commercial-industrial corridor along Chapel Lane. Zoned I-3 (Heavy Industrial), offering maximum flexibility for industrial, manufacturing, warehousing, and commercial development. Strategically positioned between Forest Road, Boonsboro Road, and Downtown Lynchburg with direct access to a state-paved road.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 226-07-005 | Improvements Assessment | $0 |
| Land Assessment | $65,300 | Total Assessment | $65,300 |
Property Taxes
Parcel Number
226-07-005
Land Assessment
$65,300
Improvements Assessment
$0
Total Assessment
$65,300
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115 Chapel Ln
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