Lynchburg, VA 24503
Boonsboro Development Highlights
+/- 15.40 acres available for retail development located just inside the city limits of Lynchburg, VA adjacent to the recently constructed Dollar General
Acreage consists of three parcels in total: Parcel one +/-1.0 acre. Parcel two +/-7.8 acres. Parcel three +/- 6.6 acres for a total of +/- 15.40 acres which can be subdivided
258 linear feet of road frontage along Coffee Rd, 190 linear feet of road frontage along Boonsboro Rd/Raiford Circle
An additional ingress and egress point into the development is available along Boonsboro Rd consisting of 115 linear feet of road frontage on .75 acres
Strong demographic area with average household income averaging $129,701.00 within one mile radius
Property is zoned B-3 (Community Business) which permits any retail shopping center up to 50,000 sq ft such as a small anchored grocery store flanked by several small service oriented retailers
Property is located just over the Bedford County line at the gateway into the City of Lynchburg along the Rt 501 corridor. Site has the potential to be the first retail development approaching the City of Lynchburg along the Rt 501 corridor from Bedford County
Property is ideally suited for any retail developer seeking to fill the lack of retail growth in the currently under-served Boonsboro marketing area
|LAND SIZE||8.80 Acres|
|SALE ASKING PRICE||$795,000.00|
|SALE PRICE PER ACRE||$90,340.91|
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