1700 Graves Mill Road Lynchburg, VA $ 395,000
1700 Graves Mill Road
$ 395,000
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1700 Graves Mill Road

Lynchburg, VA, 24502
$ 395,000
Baths0.0 Sq 99,999

Monthly Estimate*

$ 2,625

1700 Graves Mill Road, Lynchburg, VA 24502 - Image 1
1700 Graves Mill Road, Lynchburg, VA 24502 - Image 2
Studio Commercial Property for sale in Lynchburg, VA for $395,000. This 99,999 square foot building was built on a lot size of 10.49.

10.5 +/- acres in the fast growing Graves Mill Road Route 221 Corridor. The property is well located and within 10 minutes to Liberty University, Downtown Lynchburg, Forest, Route 460 and Route 29. This large parcel has 50 feet of frontage on Graves Mill Road with an improved entrance in place. The property is currently zoned B-1, and presents a great opportunity for development, including residential and commercial. Development opportunities for B-1 include: schools; child and adult daycare; housing services; Three or More Households as part of a mixed-use development (includes triplexes, four-plexes, and other multi-household dwellings). Additionally, a Conditional Use Permit is in place until March 8th 2024 for a 50 unit multi-family apartment building. Public water and sewer is now available to the property, and electric is on site. A large property with good topography, in a prime location and ready for new development. Contact Agents for more information.

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Commercial Pending

Price

$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,492

Style

Commercial/Indust

Lot Size

10.49

Town/City

Lynchburg

County/Region

LYNCHBURG

MLS | Web ID

344867

Features
General
Sewer Other
Zoning B-1
HOA 0.00
Year Built 9999
Property SubType Commercial/Indust
County Lynchburg
Property Type Commercial/Indust
Subdivision Name Graves Mill Commercial Corridor
Close Price 0.00
Status Pending
City Lynchburg
MLS Area Lynchburg
Lot Size Square Feet 456944.00
Street Name Graves Mill
Availability Date 1800-01-01
Days on Market 107
Lease Type Net
Legal Description UNKNOWN
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Interior
Flooring Other
3/4 Baths 0
Street Suffix Road
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Exterior
Water Source City
Total Parking 0.00
Number of Buildings 0
Lot Size Acres 10.4900
Lot Size Units Acres
Lot Size Source (Public Records)
Road Frontage Type City Street
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Internal Only
Street Number 1 1700
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* Excluded Features
List By
Nat Perrow

Listing Agent

Flint Property Group

Broker

perrown@yahoo.com

Email

Affordability Calculator

$2,916
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,625
Monthly Property Taxes
$291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2091853 Elementary School
2091817 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2023$395,000 Listed Price

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1700 Graves Mill Road, Lynchburg, VA, 24502 is a Commercial Property for sale at $395,000 with 99,999 sqft and a lot size of 10.49. 1700 Graves Mill Road is a studio with 0.0 baths. The property's zip code is 24502 which is in Lynchburg, VA