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1320 Wards Ferry Rd
Lynchburg, VA 24502

$7,500,000

Warehouse For Sale  •  144,663 Sq Ft

Property Details

  • Property Type Warehouse
  • Total Building Size 144,663 Sq Ft
  • Lot Size 18.55 ac
  • Building Class C
  • Year Built 1963
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning I-2
24 Transit Score
34 Walk Score

Description

Opportunity Zone with cash flow!!! A national tenant that has occupied building since 2001, 3 years left on the lease. Property is designated as high-density residential in Lynchburg's Comprehensive Plan, up to 30 units per acre.  Adjacent to local community college, Liberty University and the major retail strip in Lynchburg. Excess land lends itself to an opportunity fund development site (phase1).

Highlights

High-Denisty Residential in Comp Plan
High Visibility
Long Term Tenant

Property Flyers

Cap Rate: 6.50 %

Public Transportation

AirportDriveWalkDistance
Lynchburg Regional-Preston Glenn Field Airport 8 min - 3.0 mi
John O'Connell 434-960-6464 O'Connell Realty
John O'Connell 434-960-6464 O'Connell Realty