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128 Burnham Ln - Development Opportunity - +/- 87 Acres 86.94 Acres of Residential Land Offered at $3,925,000 in Lynchburg, VA 24502

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INVESTMENT HIGHLIGHTS

Prime development opportunity in highly desirable location
Adjacent to U.S. 501 interchange
Existing road frontage on multiple streets with several points of access

All utilities available to the site
Site has very good topography

Burnham Lane Property Flyer

PROPERTY FACTS

Price	$3,925,000	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Hold For Development Master Planned Community Planned Unit Development Single Family Development
No. Lots	1	Total Lot Size	86.94 AC
Property Type	Land	Cross Streets	Wiggington Road
Zoning	R-1, R-2, B-3C - Property is zoned a mixture of R-1 (Low Density Residential), R-2 (Medium Density Residential) and B-3 (Community Business).

Price	$3,925,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Hold For Development Master Planned Community Planned Unit Development Single Family Development
Total Lot Size	86.94 AC
Cross Streets	Wiggington Road
Zoning	R-1, R-2, B-3C - Property is zoned a mixture of R-1 (Low Density Residential), R-2 (Medium Density Residential) and B-3 (Community Business).

1 LOT AVAILABLE

Lot

Price	$3,925,000	Lot Size	86.94 AC
Price Per AC	$45,146.08

Price	$3,925,000
Price Per AC	$45,146.08
Lot Size	86.94 AC

Assemblage of multiple parcels comprising approximately 86.94 acres total.

DESCRIPTION

One of a kind development opportunity in the middle of Lynchburg, Virginia near Boonsboro. +/- 86.94 acres with multiple access points from City streets. Public water and sewer available to the site. Property borders U.S. 501 Expressway and provides a unique infill development potential. Site is currently zoned a mixture of B-3C, R-1 and R-2. Potential mixed-use or planned development. Offering consists of multiple parcels - address is for mapping purposes.