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34368630
34368628

3100 Albert Lankford Dr, Lynchburg, VA 24501 For Sale

Cushman & Wakefield - Baltimore, Maryland
Cushman & Wakefield
Listed by Cushman & Wakefield - Baltimore, Maryland, Cushman & Wakefield
Unpriced
4 days on market
Updated 4 days ago
Opportunity zone

3100 Albert Lankford Dr

Details
Property Type Office, Industrial
Sub Type Traditional Office, Flex
Square Footage 212,106
Year Built 1961
Year Renovated 2019
Buildings 3
Stories 1
Acreage 36.880
Zoning I-2 and I-3
Parking Spaces 885 spaces
Parking per 1,000 SqFt 4.17

3100 Albert Lankford Dr, Lynchburg, VA 24501

Marketing description

3100 Albert Lankford Drive is an institutional-scale commercial office campus comprising approximately 212,106 square feet situated on ±36.88 acres in the Montview submarket of Lynchburg, Virginia. Built in 1961 & 1962 and held by Genworth Life & Annuity Insurance Company since 1999, the property has a long history as a major corporate operations facility and represents one of the largest commercially zoned sites within the Lynchburg city limits. The centrally located asset benefits from convenient access to downtown Lynchburg, the Lynchburg Expressway, Amtrak rail service, and Lynchburg Regional Airport, while its expansive acreage and commercial zoning offer significant flexibility for continued office use, owner-user occupancy, or future redevelopment, subject to municipal approvals.

The property is located on the east side of Lynchburg, approximately 2 miles south of downtown and 1.5 miles west of the Campbell County border. It sits just off the Route 29 bypass, providing direct connectivity to downtown and the Lynchburg Expressway.

Lynchburg is positioned near the geographic center of Virginia, spanning 50 square miles. The city is 54 miles east of Roanoke, 114 miles west of Richmond, and 180 miles southwest of Washington, D.C.

Investment highlights

  • Large Office/Flex Campus: Campus consists of three single-story office/flex buildings totaling 212,106 square feet on 31.5 acres. Flex buildings originally built in 1961, 1962, & 1999, were used for manufacturing and renovated in 2019. Open-plan interiors support call center operations.
  • Excess Land Optionality: 5.3 acres of surplus land provide potential for sale or future development with zoning flexibility.
  • Operational Strengths: Abundant parking, good access, visibility, and adaptable layouts support diverse occupancy needs. Buildings include master-metered electrical systems, passenger elevator, and sprinkler systems.
  • Location and Market Stability: Situated adjacent to major highways in stable secondary market near major employers and mixed commercial-industrial area.

Listing Contacts

Cushman & Wakefield - Baltimore, Maryland
Cushman & Wakefield
Listed by Cushman & Wakefield - Baltimore, Maryland, Cushman & Wakefield

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