This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
5212 Woodall Rd
Lynchburg, VA 24502
Shovel Ready Self Storage Development Site · Land For Sale
·
4.85 AC
Investment Highlights
- Shovel ready with all approvals in place for a 67,000 SF storage facility
- Liberty University I 13,800 Students I 100,000 Online Students
- Two Hours West of Richmond
- 800 Secure Mini Storage Units, three-story climate-controlled storage building, and space for outdoor storage of RVs and boats
- Dense Retail Corridor with Major National Brands: Walmart, Best Buy, Sam’s Club, Gold’s Gym, Planet Fitness, Chipotle, Panera Bread and Walgreens
Property Facts
| Property Type | Land | Proposed Use | Self Storage |
| Property Subtype | Industrial | Total Lot Size | 4.85 AC |
| Zoning | I2 | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Self Storage |
| Total Lot Size | 4.85 AC |
| Zoning | I2 |
Description
Economy Lynchburg features a skilled labor force, low unemployment rate and below average cost of living. Of Virginia's larger metro areas, Forbes Magazine ranked Lynchburg the 5th best place in Virginia for business in 2006, with Virginia being the best state in the countryfor business. Only 6 places in Virginia were surveyed and most of Virginia's cities were grouped together by Forbes as "Northern Virginia". Lynchburg achieved the rank 109 in the whole nation in the same survey. Industries within the Lynchburg MSA include nuclear technology, pharmaceuticals and material handling. A diversity of small businesses with the region has helped maintain a stable economy and minimized the downturns of the national economy. Reaching as high as 1st place (tied) in 2007, Lynchburg has been within the Top 10 DigitalCities survey for its population since the survey's inception in 2004. Top 10 Employer’s 1. CentraHealth (5,563 Employees) 6. Lynchburg City Public Schools (1,381 Employees) 2. Liberty University (4,620 Employees) 7. City of Lynchburg (1,183 Employees) 3. BWX Technologies, Inc. (2,800 Employees) 8. J. Crew (1,100 Employees) 4. Areva(2,000 Employees) 9. Walmart (660 Employees) 5. Genworth Financial (1,600 Employees) 10. Kroger ( 607 Employees)
Property Taxes
| Parcel Number | 116-04-003 | Improvements Assessment | $10,278,200 |
| Land Assessment | $1,221,800 | Total Assessment | $11,500,000 |
Property Taxes
