Lynchburg, Virginia offers a unique opportunity for investors to tap into the city's diverse economy with its 7 industrial properties for sale. Industrial properties are a great investment in Lynchburg due to the city's rich history, natural beauty, and stable economy. These properties can represent a range of investments, from manufacturing facilities to warehouses and distribution centers. With its strategic location in the foothills of the Blue Ridge Mountains, Lynchburg provides easy access to major transportation hubs, including the Lynchburg Regional Airport and Kemper Street Station. The city's infrastructure, including its roadways and public transportation system, makes it an attractive location for businesses. Additionally, Lynchburg is home to several institutions of higher education, including Liberty University and Randolph College, providing a skilled workforce. The city's geography, with its seven hills, also offers a unique landscape for businesses to establish themselves. With attractions like the James River Heritage Trail and the Old City Cemetery Museums & Arboretum, Lynchburg is a great place for business and travel.
Lynchburg's industrial properties are situated in a city with a diverse economy, featuring major industries such as nuclear technology, pharmaceuticals, and material handling. Nearby, you'll find warehouses for sale, offering storage and distribution solutions for businesses. Land for sale is also available, providing opportunities for development and growth. Apartment buildings for sale in Lynchburg offer a chance to invest in the city's residential market, while commercial real estate for sale provides a range of options for businesses looking to establish themselves in the area. With its stable economy and rich history, Lynchburg is an attractive location for investors. The city's unique blend of natural beauty, cultural attractions, and economic stability makes it an ideal place to invest in industrial properties, with an average price per square foot of $109 USD and an average size of 80,115 square feet. The largest industrial property available is 231,708 square feet, offering ample space for businesses to grow and expand.
What is the average price per square foot for industrial properties in Lynchburg?
The average price per square foot for industrial properties in Lynchburg is $109 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Lynchburg, Virginia, as they impact the ease of doing business, logistics, and overall operational efficiency.
- Proximity to major transportation hubs, such as Kemper Street Station and Lynchburg Regional Airport, can increase property values due to the convenience and accessibility they offer to businesses and their customers.
- Industrial properties located near primary roadways, including U.S. Route 29, U.S. Route 501, U.S. Route 221, and U.S. Highway 460, may also command higher values due to their ease of access to regional and national markets.
- Furthermore, properties situated in areas with low traffic congestion and ample parking can also benefit from increased property values, as they provide a more efficient and convenient operating environment for businesses.
