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2613 Wards Rd

6,500 SF 82% Leased Retail Building Lynchburg, VA 24502 $1,126,889 CAD ($173 CAD/SF) 7.52% Cap Rate

Retail Space Virginia Lynchburg 2613 Wards Rd, Lynchburg, VA 24502

Investment Highlights

  • 6,500 Retail Center Available on Wards Rd.
  • Across from River Ridge Mall (423,132 SF Retail)
  • Wards Rd. VPD - 12,000
  • Value-add opportunity
  • B-5 Zoning

Executive Summary

Prime owner user/investment opportunity.

Attachments

2613 Wards Rd.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,500 SF
Building Class
C
Year Built
1985
Price
$1,126,889 CAD
Price Per SF
$173 CAD
Cap Rate
7.52%
NOI
$84,742 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.70 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-5 - General Business
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Nearby Major Retailers

Cook Out
Planet Fitness
Cracker Barrel Old Country Store
Texas Roadhouse
Buffalo Wild Wings
Red Lobster
Steak ‘n Shake
WW
Applebee's
Starbucks

PROPERTY TAXES

Parcel Number 162-28-038 Improvements Assessment $373,798 CAD
Land Assessment $625,373 CAD Total Assessment $999,171 CAD

PROPERTY TAXES

Parcel Number
162-28-038
Land Assessment
$625,373 CAD
Improvements Assessment
$373,798 CAD
Total Assessment
$999,171 CAD
(540) 623-4565

Contacts

  • Listing ID: 33599007

  • Date on Market: 2024-10-22

  • Last Updated:

  • Address: 2613 Wards Rd, Lynchburg, VA 24502

The Retail Property at 2613 Wards Rd, Lynchburg, VA 24502 is currently available for sale. Contact Johnson Realty Advisors, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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2613 Wards Rd
(540) 623-4565 x

2613 Wards Rd

1/3

Fitzhugh Johnson

(540) 623-4565

(540) 623-4565

Heather Hagerman

(540) 372-7675

(540) 372-7675

Andrew Hall

(540) 372-7675

(540) 372-7675

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