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Multi-Family/Mixed-Use Development Parcel

2125 Langhorne Road, Lynchburg, Virginia 24501
Sold: $8,725,000
Multi-Family/Mixed-Use Development Parcel

Property Details

Property Type
Land
Building Type
Freestanding
Land Size
20.56 acres
Sewer
Public
Water
Public
Zoning
R-4 Multifamily
Electric
AEP

Property Description

One of a kind multi-family/mixed-use development opportunity in the middle of Lynchburg, Virginia. +/- 20.56 acre site with +/- 1,800' road frontage at signalized intersection with public water and sewer at the site.

Formerly the site of a regional Catholic school for over 60 years, this site now offers unique infill development potential. Centrally located near the regional hospital and major medical hub of the Lynchburg MSA. Site is zoned R-4, Multi-family which would allow for the maximum potential of approx. 596 units as well as mixed-use potential. Property is adjacent to the Creekside Trail, part of the City of Lynchburg's extensive Trails of Blackwater Creek trail system. Improvements have been demolished and the site is ready for new development.

Location

Contact

Christopher R. Gentry, SIOR
Christopher R. Gentry, SIOR
Gentry Commercial Real Estate, Inc.
Office: (434) 485-8901
[email protected]