125 Clarion Rd - Commercial LAND FOR SALE


Altavista, VA 24517 49,658 SF
$149,000 USD
762-728-5364
125 Clarion Rd, Altavista, VA for Sale
$149,000 USD
Commercial LAND - FOR SALE
1/10
49,658 SF

125 Clarion Rd
Altavista, VA 24517


HIGHLIGHTS

  • Prime 1.14-acre commercial parcel at 125 Clarion Road, Altavista, Virginia, anchored by Walmart Supercenter.
  • Premier development opportunity zoned C-2, offering versatile options for retail, medical, dining, and more to meet the area's growing needs.
  • Surrounded by national brands like Dollar Tree, Taco Bell, and T-Mobile, the site also caters to employees from businesses such as BGF Industries.
  • Convenient access to major routes, US Route 29 and Interstate 81, with traffic counts exceeding 8,000 daily.
  • Within a 30-minute drive of Lynchburg Kemper Street Station and Lynchburg Regional Airport for smooth connectivity.
  • Tap into a strong demographic with a 10-mile trade area population of 22,368 residents with a $67,954 average household income.

OVERVIEW

Situated in the heart of a thriving commercial district in the Roanoke/Lynchburg MSA, 125 Clarion Road is an approximately 1.14-acre undeveloped parcel offering a rare chance for investors to capitalize on a prime outparcel anchored by a Walmart Supercenter. With convenient access to Clarion Road and visibility from Dearing Ford Road, the property benefits from daily traffic counts of approximately 8,100 vehicles on Clarion Road and 1,400 vehicles on Dearing Ford Road. Zoned C-2 for General Commercial, the land provides flexible development opportunities for uses such as retail, restaurants, banks, medical offices, or even mini-storage with a special use permit. Surrounded by prominent national tenants including Dollar Tree, Wendy’s, Taco Bell, T-Mobile, Pizza Hut, and Great Clips, this property promises strong business synergy and long-term value. 125 Clarion Road is a commercial site benefiting from excellent connectivity and strategic positioning within Southern Virginia. Located near major transportation routes such as US Route 29 and within an hour’s drive of Interstate 81, 125 Clarion Road offers easy access to Lynchburg, Roanoke, and Danville. The area’s strong transportation infrastructure includes proximity to Lynchburg Kemper Street Station within a 30-minute drive, providing Amtrak access to the Northeast Corridor and a 20-minute drive to Lynchburg Regional Airport. Retail traffic in the area is bolstered by additional anchors such as Food Lion and Tractor Supply, ensuring consistent customer flow. The trade area includes a population of 22,368 residents within 10 miles of the shopping center, with an attractive average household income of $67,954 per year. An additional 5,876 daytime employees contribute to the area's economic vibrancy. Altavista is a community on the rise, offering outsized opportunities in a region known for its evolving industries and business-friendly environment. The property serves not only the local community but also employees of nearby businesses and institutions such as Abbott Laboratories, BGF Industries, Schrader Pacific, and Virginia Technical Institute. With the Lynchburg retail market boasting a low vacancy rate of 2.8% as of the first quarter of 2025 and no retail space currently under construction, this site presents an unmatched opportunity for investors looking to develop in a high-demand market. Market rents in Lynchburg have increased by 3.4% year over year for power center properties, underscoring the region’s growth trajectory. 125 Clarion offers a premier development opportunity to meet the growing needs of the Altavista community and beyond. Investors looking for a strategic, high-visibility site with strong market fundamentals should seize this exceptional chance to secure prime commercial real estate.

FOR SALE DETAILS

PRICE

$149,000 USD

PRICE/ACRE

$130,703/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Development Site Anchored by Walmart

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

1.14 AC

LAND SF

49,658 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C-2 General Commercial

APN/PARCEL ID

69H-1-2

ASK ABOUT THIS PROPERTY

Mehboob CharaniaBizness MagicMore Info
762-728-5364

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Mehboob CharaniaBizness MagicMore Info
762-728-5364

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