Boonsboro Development

Boonsboro Development

5923 Raiford Cir
Lynchburg, VA 24503
United States
+/- 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
Additional Resources

Property Information

Listing Category
Sale
Property Type
Land
Land Size
8.80 Acres
Zoning
B-3

Pricing

Sale Asking Price
$795,000.00
Sale Price Per Acre
$90,340.91

Are you interested in this property?

If you are interested in this property the next step is to contact one of the brokers below.

Sale Brokers

George Lupton, III, CCIM

Senior Associate
Direct Line:
434.455.2306

Email: george.lupton@thalhimer.com

Norman Moon, Jr., CCIM, SIOR

First Vice President
Direct Line:
434.455.2302

Email: norman.moon@thalhimer.com