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7051 Timberlake Rd 7.55 Acres of Commercial Land Offered at $1,350,000 in Lynchburg, VA 24502
Investment Highlights
- 7.5 Acres.
- Water & Sewer.
- One of the Highest Traffic Counts in Lynchburg.
- B1/B3 Zoning.
- 490ft of Road Frontage on Timberlake Rd.
Executive Summary
DeWitt Real Estate & Auctions is pleased to present 7051 Timberlake Rd. A prime 7.5+ acre tract prominently fronting Timberlake Rd; one of Lynchburg Virginia's major high-growth corridors. B1/B3 zoning, with almost 500ft of road frontage. Sight suitable for regional headquarters, or possible rezoning for retail or apartments. Exceptional visibility and accessibility. Water and sewer available. A compelling development/investment opportunity just seconds from US-29/501 (Lynchburg expressway). Potential corner lot with stop light access if combined with adjacent residential property.
Property Facts
| Price | $1,350,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 7.55 AC |
| Property Type | Land | ||
| Zoning | B1/B3 - General Business and Limited Business. | ||
| Price | $1,350,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 7.55 AC |
| Zoning | B1/B3 - General Business and Limited Business. |
1 Lot Available
Lot
| Price | $1,350,000 | Lot Size | 7.55 AC |
| Price Per AC | $178,807.95 |
| Price | $1,350,000 |
| Price Per AC | $178,807.95 |
| Lot Size | 7.55 AC |
Description
7051 Timberlake Rd. Lynchburg, Virginia 24502. 7.554 Acres, Zoned B1/B3. Property is next to Schewel's and fronts Timberlake Rd. (490.45ft.)
1 1
Property Taxes
| Parcel Number | 244-05-006 | Improvements Assessment | $0 (2025) |
| Land Assessment | $793,200 (2025) | Total Assessment | $793,200 (2025) |
Property Taxes
Parcel Number
244-05-006
Land Assessment
$793,200 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$793,200 (2025)
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7051 Timberlake Rd
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