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- LoopNet Team
3000 Wards Rd
Lynchburg, VA 24502
Prime Redevelopment Opportunity · Retail Property For Sale
Investment Highlights
- Prime location in the retail hub of the Lynchburg MSA
- Traffic count in excess of 52,000vpd
- Adjacent to Virginia's largest university - Liberty University
- Redevelopment opportunity
Property Facts
About 3000 WARDS RD , LYNCHBURG, VA 24502
Approximately 4.31 acres improved with a +/- 42,790sf building currently used as an auto dealership and service facility. Property has approximately 600' frontage on Wards Road (U.S. 29) in the retal hub of the Lynchburg MSA. Traffic count on Wards Road in excess of 52,000 VPD. Property is located adjacent to the main entrance into River Ridge Mall, the regional shopping center which is undergoing a major transformation. Also adjacent to Liberty University, Virginia's largest university. Highly coveted location for retail, restaurants, and lodging. Property has excellent redevelopment potential and was originally constructed as a shopping center. Served by public water and sewer. Sale includes 2700 Wards Road, which is included in the total acreage shown. Property is located within a Designated Qualified Opportunity Zone.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,345,300 | |
| Land Assessment | $2,884,700 | Total Assessment | $4,230,000 |
Property Taxes
