Great location at the signalized intersection of Wards Rd. (Rt. 29) & Russell Woods Dr., Lynchburg, VA. 1.96 total acres consisting of two lots being tax map #s 22C-1-3 and 22C-2-2A. Lays well and is ideal for drive-thru and retail uses. Property is just over a mile south of Liberty Universitys main campus and less than 1/2 mile from Lynchburg Regional Airport. Zoning allows for all types of commercial uses including restaurant, retail, convenience store, auto sales, auto repair and more. This property is also available for Ground Lease. Contact agent for details and rates.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Commercial Read & Company
Office Phone: (434) 455-2285
Listing Agent: Ricky Read
Lot Features
Lot Information:
Lot Size: 1.96 Acres
Other
Directions Information:
Directions: Rt. 29 South just past Lynchburg Regional Airport at the intersection of Wards Rd. (Rt. 29) and Russell Woods Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $1,900,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lynchburg, VA.
This property is $1.6M more than the Median Sold Price in Lynchburg, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Lynchburg
MLS Number: #344822
Listing Office:
Office Name: Coldwell Banker Commercial Read & Company
Office Phone: (434) 455-2285
Listing Agent: Ricky Read
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 2:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,550
Per Month
Principal & Interest
$9,483
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,763
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Altavista Elementary School
1003 Lynch Mill Rd
Distance between this listing and this school4.13 miles
Public District Grades PK-5
5
/10
Yellow Branch Elementary School
377 Dennis Riddle Dr
Distance between this listing and this school6.38 miles
Public District Grades PK-5
8
/10
John L. Hurt Elementary School
315 Prospect Rd
Distance between this listing and this school6.48 miles
Public District Grades PK-5
Nearby Schools
4
/10
Rustburg Middle School
555 Village Hwy
Distance between this listing and this school9.93 miles
Public District Grades 6-8
4
/10
Brookville Middle School
320 Bee Dr
Distance between this listing and this school12.62 miles
Public District Grades 6-8
3
/10
Sandusky Middle School
805 Chinook Pl
Distance between this listing and this school14.95 miles
Public District Grades 6-8
Nearby Schools
3
/10
Altavista High School
904 Bedford Ave
Distance between this listing and this school5.61 miles
Public District Grades 6-12
6
/10
Rustburg High School
1671 Village Hwy
Distance between this listing and this school10.76 miles
Public District Grades 9-12
4
/10
William Campbell High School
474 William Campbell Dr
Distance between this listing and this school12.19 miles
The neighbors living near this home have an average income of $53,526. The most common annual income of people living in Lynchburg, VA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Lynchburg, VA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Lynchburg, VA?
Lynchburg's housing market offers a diverse array of options, with single-family homes being particularly prevalent. Architectural styles in the area range from historic Georgian and Federal to more contemporary ranch and split-level designs. The city's homeownership rate is robust, with a significant portion of residents owning their homes, while the remainder of the population opts for rental opportunities, including apartments and townhouses. The housing stock largely reflects a history of growth with many properties dating back to the 19th and 20th centuries, alongside modern developments.
Is Lynchburg, VA a good place to live?
Lynchburg is celebrated for its rich historical heritage and scenic beauty, nestled along the James River. The community prides itself on a blend of urban and rural influences, offering a tranquil yet vibrant lifestyle. Annual events, such as the Lynchburg Music Festival, highlight the city's cultural vitality and bring together residents in celebration of local talent and camaraderie.
Are things conveniently located in Lynchburg, VA?
The city is served by a comprehensive educational system, including numerous public and private schools that cater to a range of educational needs, from elementary to high school levels. Lynchburg's healthcare infrastructure is anchored by several hospitals and clinics that provide a spectrum of services from primary care to specialized treatments. The public library system is well-established, supporting lifelong learning and community engagement. Retail and dining options are plentiful, reflecting the local culture with a mix of national chains and unique local establishments.
What does the transportation in Lynchburg, VA look like?
Lynchburg's transportation network facilitates mobility for both drivers and those reliant on public transit. The city's bus system operates on a set schedule, providing consistent service to key areas. While ride-sharing options are available, enhancing the convenience of getting around, the city also supports walkability in its more densely populated neighborhoods. Major roads and highways connect Lynchburg to surrounding regions, and ongoing infrastructure projects aim to improve traffic flow and accessibility.
Frequently Asked Questions About 0 Wards Rd
What is the listing price of this property?
The listing price of 0 Wards Rd property is $1,900,000.
What type of property is this?
The property 0 Wards Rd is land located in Lynchburg, Virginia, 24502.
Is this property for sale now?
Active Listing: 0 Wards Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Wards Rd in Lynchburg, VA and zip code 24502. This home sits on a 1.96 acre lot. It has been listed on Rocket Homes since June 22, 2023 and is currently priced at $1,900,000.
In November 2024, from all listings sold in Lynchburg, VA there were more than 26 sold above asking price, over 46 sold below and more than 36 were sold right at the asked price. The number of listings in Lynchburg, VA decreased by 5.7% between October 2024 and November 2024. Listings spent 29 days on the market in November 2024, and had a median list price of $281,540 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Pro Wrestling
Pro Wrestling
NASCAR
Hunting
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Dodge
GMC
Chevrolet
Country
New Country