Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Wards - Yellow Branch Development Parcel 25.37 Acres of Commercial Land in Rustburg, VA 24588

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Steady traffic near signalized intersection in high-growth area
  • Midway between Rustburg/Evington (East/West) and Lynchburg/Altavista (North/South)
  • Frontage on two major County arteries

EXECUTIVE SUMMARY

Price Negotiable. Contact if interested in ground lease.
Across Rt 24/Colonial Highway from area currently constructing 430+ townhomes/apartments/single family residences with commercial outparcels for expected restaurant pads. 6 minutes from Lynchburg Regional Airport and approximately 7 minutes from Liberty University with over 16,000 on-campus students enrolled. Parcel is located at the crossroads of two major arteries in an already higher population density area of Campbell County. Feasability study in 2025 shows suitable for grocery anchored development.
Assessed at $55,000/acre.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Storefront
  • Strip Center
  • Supermarket
Total Lot Size 25.37 AC
Cross Streets Rt 24/Colonial Hwy
Opportunity Zone Yes
Zoning BGC - Business,General Commercial

1 LOT AVAILABLE

Lot 32-A-65A

Lot Size 25.37 AC

25.37 Acre mostly cleared lot suitable for commercial development. Frontage near signalized intersection of two largest traffic corridors in County: Rt 29N/Wards Rd-17,000 AADT and Rt24/Colonial Highway-3200 AADT. County Water and Sewer.

DESCRIPTION

Campbell County, in central Virginia just south of Lynchburg, offers a low cost of living, natural beauty, mild climate, and extensive outdoor recreation opportunities. Lot is 90+% cleared and ready for grading. Located near the signalized intersection of two major traffic arteries and boasting extensive frontage on three sides (Rt 29/Wards Rd, Rt 24/Colonial Highway, and Anstey Road), this greenfield commercially-zoned parcel is ideally situated for a grocery-anchored retail development in this rapidly expanding neighborhood. Suburban expansion along Rt29 corridor expected to greatly increase in the next 3-5 years. Lot faces a 72-acre area with 500+ planned townhomes, apartments and single family homes. (Townhome currently under construction and listed for lease.) County water and sewer on site.

  • Listing ID: 25734726

  • Date on Market: 5/18/2022

  • Last Updated:

  • Address: Wards, Rustburg, VA 24588

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}