Property Listing No Longer Available for Sale

420 Breezewood, Lynchburg, VA

Land for Sale - $595,000 - 4 acres


Property Info

CIMLS#864739
Location
  420 Breezewood
  Lynchburg VA 24502
UpdatedDecember 17th, 2016
TypeLand
Price$595,000
Land4 acres

Property Description

MULTIFAMILY PRIME DEVELOPMENT LAND!!! Already approved for 48 townhomes, engineer-stamped drawings available. TWO water connections: 1 on Bypass and 1 on Breezewood. Sewage on Breezewood. Irregular lot. All the conveniences for tenant occupancy with grocery store (Aldi's), gas station, and bus transportation route n Breezewood Drive. Borders HWY 501 & Breezewood with ease of access from both.

Location Description:

420' Prime frontage on Lynchburg Expressway (RTE 501). Also borders Breezewood Drive and Hartless Lane.

Highlights:

>> 4 acres, gentle sloping

>> Prime land with 420' frontage on 501 Expressway

>> Detailed plans are already approved for 48 townhomes

>> Trees have been cleared, phones lines in process of being moved

>> Infrastructure available, sewage & 2 water connections

>> Priced to sell with cap rate of 6.8%

>> Convenient to - Grocer, gas, bus route, churches, employers, hospital

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Financials


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