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Wards - Yellow Branch Development Parcel

25.37 Acres of Commercial Land in Rustburg, VA 24588

INVESTMENT HIGHLIGHTS

  • Steady traffic near signalized intersection in high-growth area
  • Midway between Rustburg/Evington (East/West) and Lynchburg/Altavista (North/South)
  • Frontage on two major County arteries

EXECUTIVE SUMMARY

Price Negotiable. Contact us if interested in ground lease.
Across Rt 24/Colonial Highway from area currently constructing 500+ multi-family townhomes/single family residences with commercial outparcels for expected restaurant pads. 6 minutes from Lynchburg Regional Airport and approximately 7 minutes from Liberty University with over 16,000 on-campus students enrolled. Parcel is located at the crossroads of two major arteries in an already higher population density area of Campbell County. Suitable for strip development with grocery anchor.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Storefront
Total Lot Size 25.37 AC
Cross Streets Rt 24/Colonial Hwy
Opportunity Zone Yes

1 LOT AVAILABLE

Lot 32-A-65A

Lot Size 25.37 AC

25.37 Acre mostly cleared lot suitable for commercial development. Frontage near signalized intersection of two largest traffic corridors in County: Rt 29N/Wards Rd-17,000 AADT and Rt24/Colonial Highway-3200 AADT. County Water and Sewer.

DESCRIPTION

Campbell County, located in the foothills of the Blue Ridge Mountains in South Central Virginia, offers a low cost of living, natural beauty, mild climate, and extensive outdoor recreation opportunities. Located near the signalized intersection of two major traffic arteries and boasting extensive frontage on both Rt 29/Wards Rd and Rt 24/Colonial Highway, this greenfield commercial development parcel is ideally situated in a rapidly expanding neighborhood. Lot faces a 72-acre area rezoned in 2021 for a planned mixed-use development with 500+ homes and 7.4 acres of commercial sites.

ZONING

Zoning Code BGC (Business General Commercial)
BGC (Business General Commercial)
  • Listing ID: 25734726

  • Date on Market: 5/18/2022

  • Last Updated:

  • Address: Wards, Rustburg, VA 24588

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