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1605 Waterlick Rd
Lynchburg, VA 24501

$5,470,000 USD

Land For Sale  •  9.8 AC

Property Details

  • Property Type Land
  • Lot Size 9.8 AC
  • Zoning I-G
0 Transit Score
9 Walk Score

Description

Sunburst Storage is a well-established, income-producing self-storage and industrial assemblage positioned in the high-growth Lynchburg, Virginia market. The property spans 13.368 acres across three parcels and delivers both immediate stabilized cash flow and meaningful expansion potential. Offering a diversified mix of conditioned units, drive-up units, RV and boat storage, semi-truck parking, vehicle storage, and a secured fenced compound, the facility attracts a wide range of customers and reduces reliance on any single revenue stream.

Operations are supported by an office building and an upstairs apartment currently used as a short-term rental, further strengthening income diversification. Automated management systems streamline day-to-day operations and allow for scalability as demand increases. The property benefits from consistent occupancy, strong regional drivers, and continued population and business growth throughout Lynchburg and Central Virginia. Industrial zoning enhances long-term positioning by allowing an array of commercial uses and future development options.

A major value driver is the expansive 8.520-acre cleared parcel with land improvements and an existing stormwater management pond. This area is primed for additional climate-controlled buildings, expanded vehicle/RV storage, or other commercial enhancements depending on investor strategy. Few storage opportunities in the region combine stabilized income with such a large runway for future development.

Property Highlights:

- 52,022 Sq.Ft. Storage Facility

- 19 Buildings

- 195 Standard (drive-up units), 135 climate control units, 79 parking spaces (3 are parking lots)

- Two loading ramps

- AirBnB over the office

- Stabilized, income-producing self-storage facility with diversified revenue streams.

- 13.368 acres across three parcels with strong in-place operations.

- Industrial zoning offers broad commercial flexibility and future value.

- Consistent occupancy supported by strong regional demand and limited competition.

- Automated operations for efficient, scalable management.

- Office building plus an upstairs apartment generating additional revenue.

- Large 8.520-acre expansion parcel with stormwater infrastructure already in place.

- Secured fenced compound with controlled gate access and camera systems.

- Ongoing capital improvements and clean operational documentation.

- Located in a thriving, high-demand Lynchburg market with established storage absorption.

- Recession-resilient asset class with historically stable cash flow.

- Attractive opportunity for investors seeking both income stability and growth potential.

Highlights

19 Buildings on Rte. 460 (Major Interstate)
13.368 acres across three parcels with strong in-place operations.
Consistent occupancy supported by strong regional demand and limited competition.
Stabilized, income-producing self-storage facility with diversified revenue streams.

Public Transportation

Commuter RailDriveWalkDistance
Lynchburg (Crescent - Amtrak, Northeast Regional - Amtrak) 13 min - 8.9 mi
AirportDriveWalkDistance
Lynchburg Regional/Preston Glenn Field 5 min - 2.1 mi
Yvonne Jansen 703-282-9080 Lynchburg's Finest Commercial
Yvonne Jansen 703-282-9080 Lynchburg's Finest Commercial