Retail Space / Virginia / Lynchburg / 24502 / 3000 Wards Road

3000 Wards Road

Lynchburg, VA 24502

Listing ID: 203414

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Property Type Retail for Sale : Vehicle Sales/Service
Lot Size Acres 4.310
Building Sq Ft 42,790
Land Sq Ft 187,743

3000 Wards Road | for Sale | Thumbnail 2

Description

Approximately 4.31 acres improved with a +/- 42,790sf building currently used as an auto dealership and service facility. Property has approximately 600' frontage on Wards Road (U.S. 29) in the retail hub of the Lynchburg MSA. Traffic count on Wards Road in excess of 52,000 VPD.
Property is located adjacent to the main entrance into River Ridge Mall, the regional shopping center which is undergoing a major transformation. Also adjacent to Liberty University, Virginia's largest university. Highly coveted location for retail, restaurants, and lodging.
Property has excellent redevelopment potential and was originally constructed as a shopping center. Served by public water and sewer.
Additional contiguous acreage available.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Roanoke History of Retail Space for Sale

Listing Demographics for 3000 Wards Road Lynchburg, VA 24502

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		5,186	41,649	90,532
Population Median Age		29	33	36
Population by Age	0-9 Yrs	225 (4%)	3740 (8%)	10114 (11%)
	10-19 Yrs	1759 (33%)	8060 (19%)	13934 (15%)
	20-29 Yrs	1832 (35%)	12735 (30%)	22146 (24%)
	30-39 Yrs	189 (3%)	3736 (8%)	9299 (10%)
	40-49 Yrs	243 (4%)	3106 (7%)	8280 (9%)
	50-59 Yrs	250 (4%)	3631 (8%)	9359 (10%)
	60-69 Yrs	302 (5%)	3163 (7%)	8188 (9%)
	70+ Yrs	387 (7%)	3478 (8%)	9213 (10%)

Median HH Income		$41,067	$44,449	$44,772
Total Household Income	< 24K	219 (22%)	3117 (23%)	8048 (24%)
	25-49K	352 (36%)	4092 (30%)	9745 (29%)
	50-74K	167 (17%)	2743 (20%)	5770 (17%)
	75-99K	115 (11%)	1596 (12%)	4292 (13%)
	100-199K	109 (11%)	1610 (12%)	4327 (13%)
	200K+	5 (0%)	133 (1%)	645 (1%)

Highest Education Level	No Diploma	218	2191	5950
	Diploma or GED	465	5419	13891
	Some College	244	4412	11441
	Assoc. Degree	152	1663	4325
	Bachelors Degree	327	4647	10280
	Higher Degree	154	2285	6192

Total Housing Units		1,103	15,116	37,198
--Owner-Occupied		481	6,625	16,897
--Renter-Occupied		486	6,665	15,930
Owner-Occupied Values	< 100K	77	1346	3652
	100-199K	309	4014	8787
	200-299K	80	1031	3190
	300-399K	0	88	645
	400-499K	0	8	244
	500K+	16	138	378

Total Working Age Population		4,786	35,842	74,842
In Work Force		2,004	20,485	44,711
Not In Work Force		2,782	15,357	30,131
Workforce Employed		1,865	19,306	42,151
Workforce Unemployed		136	1,108	2,441
Civlian Workforce		2,002	20,415	44,592
Military Workforce		2	70	119

Total Households		968	13,291	32,826
Family Households		574	7,586	18,734
Non-Family Households		393	5,705	14,093
Married Couple		392	5,435	12,866
Other Family		182	2,151	5,868
Married w/Child		144	1,989	4,553
Single Male w/Child		12	152	505
Single Female w/Child		69	865	2,521

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Virginia	7,078,515	+13	8,001,024	+8	8,655,021	+8	9,331,666
Amherst County	31,894	+1	32,353	-2	31,831	-1	31,402
Bedford County	60,371	+14	68,676	+15	79,241	+7	84,604
Campbell County	51,078	+7	54,842	+2	55,665	+3	57,325
Lynchburg city	65,269	+16	75,568	+10	82,791	+9	90,526

Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Other Retail Space Listings for Sale Nearby

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3008 Wards Road, Lynchburg, VA	CALL	5056	0.81
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1515 Longwood Avenue, Bedford, VA	$4,654,000	47454	9.7
4247 Bonsack Road Northeast, Roanoke, VA	$240,000	2360	1
2780 Lee Highway, Troutville, VA	$1,599,997	6867	1.91
2775 Lee Highway, Troutville, VA	$1,099,000	5396	1.59
2733 Orange Avenue Northeast, Roanoke, VA	$299,950	2916	1.69
3506 Williamson Road, Roanoke, VA	$649,950	4883	0.29