Bought with Billy Flint • Flint Property Group
$270,000
$295,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
99,999 SqFt
SOLD DATE : 11/01/2023
Key Details
Sold Price $270,000
Property Type Commercial
Sub Type Commercial/Indust
Listing Status Sold
Purchase Type For Sale
Square Footage 99,999 sqft
Price per Sqft $2
MLS Listing ID 340656
Sold Date 11/01/23
Annual Tax Amount $465
Lot Size 7.500 Acres
Property Description
Outstanding development opportunity on a large, nearly level 7.5 acres +,- with approximately 400 feet of road frontage on the southbound lane of Route 29 Business (28k veh. per day). 3 phase power, natural gas , phone and fiber are on site. Public water and gravity sewer are both located nearby in close proximity. The property features 3.3 acres zoned Commercial B-2, with the balance zoned Residential R-2. Existing steel billboard structure on property, on a year to year lease. An improved concrete curbed entrance has already been installed on the property. AEP has a 100 foot wide transmission right of way along the southern boundary of the property, additionally, there is an access easement, in this area, to an AEP substation located behind the property. Columbia gas also has an easement located on the property adjoining the substation access road. An excellent location with a hard to find, level and high site with great visibility in fast growing Madison Heights.
Location
State VA
County Amherst
Interior
Flooring Other
Exterior
Utilities Available American Electric
Building
Sewer Other
Others
Acceptable Financing Cash
Listing Terms Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
laurenbellrealestate@gmail.com
4109 Boonsboro Road, Lynchburg, VA, 24503, United States