1605 Waterlick Rd - Industrial LAND FOR SALE


Lynchburg, VA 24501 581,962 SF
$5,470,000 USD
703-282-9080
1605 Waterlick Rd, Lynchburg, VA for Sale
$5,470,000 USD
Industrial LAND - FOR SALE
1/31
581,962 SF

1605 Waterlick Rd
Lynchburg, VA 24501


HIGHLIGHTS

  • 19 Buildings on Rte. 460 (Major Interstate)
  • 13.368 acres across three parcels with strong in-place operations.
  • Consistent occupancy supported by strong regional demand and limited competition.
  • Stabilized, income-producing self-storage facility with diversified revenue streams.

OVERVIEW

Sunburst Storage is a well-established, income-producing self-storage and industrial assemblage positioned in the high-growth Lynchburg, Virginia market. The property spans 13.368 acres across three parcels and delivers both immediate stabilized cash flow and meaningful expansion potential. Offering a diversified mix of conditioned units, drive-up units, RV and boat storage, semi-truck parking, vehicle storage, and a secured fenced compound, the facility attracts a wide range of customers and reduces reliance on any single revenue stream. Operations are supported by an office building and an upstairs apartment currently used as a short-term rental, further strengthening income diversification. Automated management systems streamline day-to-day operations and allow for scalability as demand increases. The property benefits from consistent occupancy, strong regional drivers, and continued population and business growth throughout Lynchburg and Central Virginia. Industrial zoning enhances long-term positioning by allowing an array of commercial uses and future development options. A major value driver is the expansive 8.520-acre cleared parcel with land improvements and an existing stormwater management pond. This area is primed for additional climate-controlled buildings, expanded vehicle/RV storage, or other commercial enhancements depending on investor strategy. Few storage opportunities in the region combine stabilized income with such a large runway for future development. Property Highlights: - 52,022 Sq.Ft. Storage Facility - 19 Buildings - 195 Standard (drive-up units), 135 climate control units, 79 parking spaces (3 are parking lots) - Two loading ramps - AirBnB over the office - Stabilized, income-producing self-storage facility with diversified revenue streams. - 13.368 acres across three parcels with strong in-place operations. - Industrial zoning offers broad commercial flexibility and future value. - Consistent occupancy supported by strong regional demand and limited competition. - Automated operations for efficient, scalable management. - Office building plus an upstairs apartment generating additional revenue. - Large 8.520-acre expansion parcel with stormwater infrastructure already in place. - Secured fenced compound with controlled gate access and camera systems. - Ongoing capital improvements and clean operational documentation. - Located in a thriving, high-demand Lynchburg market with established storage absorption. - Recession-resilient asset class with historically stable cash flow. - Attractive opportunity for investors seeking both income stability and growth potential.

FOR SALE DETAILS

PRICE

$5,470,000 USD

PRICE/ACRE

$409,431/AC

PRICE/SF

$9 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Sunburst Storage, Inc.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial, Self-Storage

LAND ACRES

13.36 AC

LAND SF

581,962 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone, Irrigation

ZONING

I-G

APN/PARCEL ID

001271000,001283100,001283600

ASK ABOUT THIS PROPERTY

Yvonne JansenLynchburg's Finest CommercialMore Info
703-282-9080

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Yvonne JansenLynchburg's Finest CommercialMore Info
703-282-9080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.