Property Listing No Longer Available for Sale

5622 Fort Avenue and 5616 Fort Avenue

Lynchburg, VA

Land for Sale - $495,000 - 0.93 acres


Property Info

CIMLS#892201
Location
  5622 Fort Avenue and 5616 Fort Avenue
  Lynchburg VA 24502
UpdatedFebruary 13th, 2017
TypeLand
Price$495,000
Land0.93 acres

Property Description

Development land at high growth location. Approx 271' frontage on busy highway. Nearby businesses include franchise chains CVS, Walgreens, IHOP, and newly constructed Aaron's Rentals. Fort Avenue is capturing the spill-over growth of Wards Road. Best use is for a drive-thru bank or pharmacy on the corner of Fort and Autumn.

Location Description:

Near intersection of Fort Avenue and Wards Road

Highlights:

>> 271' Frontage on Fort Avenue

>> Prime CORNER lot

>> High Growth area

>> From BUS US 460 Fort Ave from Wards Road: 22,000 AADT

>> From BUS US 460 Fort Ave to Memorial 11,000 AADT

>> Rear lots available separately

>> Rezone for commercial use from current R-2


Financials

Sales Info:

>> Commision split: 4.0%


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