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- LoopNet Team
1212-1220 Graves Mill Rd
Lynchburg, VA 24502
Rosedale Towne Ctr- Shovel-Ready Development · Land For Sale
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62.00 AC
PROPERTY FACTS
DESCRIPTION
• Proposed 40 to 62-acre upscale mixed-use development located on Graves Mill Road. • ECONOMIC DEVELOPMENT REIMBURSEMENT AVAILABLE. • Owners will sell outright or participate. • All utilities in place, including curb, gutter and storm water management. • Fronting Graves Mill Road with excellent visibility. • Signalized intersection. • Strategically located in the center of Lynchburg’s trade area. • 30,000 VPD and 38,000 VPD along the Lynchburg Expressway/Graves Mill Road intersection. • Strong demographic area. • Close proximity to Lynchburg Expressway and Route 221. COMMERCIAL • Pre-leasing 165,000 SF of commercial space. • Anchor site, inline and small shops available. • Includes restaurant, retail, grocery, gas, and convenience store. RESIDENTIAL • 25+ luxury townhomes & condominiums. • 50+ mixed-use residential apartments. • Convenient access to retail, specialty shops, restaurants, public transit and nature. BUSINESS & TECHNOLOGY CENTER • Proposed buildings and professional office space. • Future epicenter of Lynchburg’s business & technology corridor. RECREATIONAL AREA • Open spaces, bike & walking trails throughout the development. • landscaped open areas, nature areas. • Creek-side landscaped pocket parks. • Spacious surrounding grounds.
PROPERTY TAXES
| Parcel Number | 239-04-004 | Improvements Assessment | $81,000,000 |
| Land Assessment | $7,500,000 | Total Assessment | $88,500,000 |
PROPERTY TAXES
