NOT LISTED FOR SALE

8452 Wards Rd Rustburg, VA 24588

29 Acres
-- Price per Acre
1,278,050 Sq Ft Lot

Last Sold September 04, 2024

Last sale price $775,000 $533 Per Sq Ft

201 Days on Market

Highlights

  • Barn
  • 29.34 Acre Lot
  • Garage

About This Lot

As of September 2024

This is the IDEAL LOCATION for a Shopping Center, Retail Store, Grocery Store, Hotel or any type of Business on the highly traveled highway offering over 700' of road frontage. Located just minutes from the Lynchburg Municipal Airport on Hwy 29S in this Rapidly Developing community of Yellow Branch midway between Lynchburg & Altavista. A 500 Unit Townhome project has already broke ground in the area to support your new business. Other businesses are in the process of going up as well. Now is the time to buy in this area - Call today to Claim this Valuable property zoned Commercial/Business.

Last Agent to Sell the Property

Cornell Mason

Piedmont Real Estate License #0225229696 Listed on: 12/15/2023

Last Buyer's Agent

Charlie Watts

Watts Auction Realty Appra Inc License #0225086405

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,805

Lot Details

  • 29.34

Parking

  • Garage

Interior Spaces

  • 1 Bathroom
  • 1,455 Sq Ft Home

Schools

  • Yellow Branch Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Additional Features

  • 29.34 Acre Lot
  • Barn

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 43-2-6

Property Details

Property Type

Land

Est. Annual Taxes

$1,805

Lot Details

0

Listing Details

  • BuildingOnProperty: Barn, Garage, House
  • Directions: 29S - 1/2 mile from Intersection of Rt 24 & 29
  • Internet Providers: Satellite, Shentel, Verizon
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Not Allowed
  • Garage Yn: No
  • Property Sub-Type: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt to go State
  • Accessible Transportation: Air 5-10 Miles, U.S. Highway
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: 6
  • Road Frontage: 700.00
  • Topography: Level - 85% cleared

Utilities

  • Utilities: Cable Available, Cntrl Water Availabl, ElectricityAvailable, Septic System, Telephone, Utility Easement, Water System Avail, Well Exists

Schools

  • Elementary School: Yellow Branch Elem
  • High School: Rustburg High
  • Middle School: Rustburg Midl
  • Junior High Dist: Campbell

Lot Info

  • Best Use: Develop to Business, Dvlp to Industrial, Investment, Other
  • Current Use: Investment, Manufactured Home, Mixed Use, Residential, Single Family
  • Acres: 29.3400
  • Lot Size Sq Ft: 1278050.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 43-2-6
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1805

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Aug 30, 2024
Sold by
Viers Kiser A
Bought by
Jc Land & Timber Llc
Seller's Agent
Cornell Mason
Piedmont Real Estate
Buyer's Agent
Charlie Watts
Watts Auction Realty Appra Inc
List Price
$900,000
Sold Price
$775,000
Premium/Discount to List
-$125,000
-13.89%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$594,732
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jc Land & Timber Llc $775,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jc Land & Timber Llc $600,000
Previous Owner Viers James Allen $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $775,000 -13.9% $533 / Sq Ft
12/15/2023 12/15/23 For Sale $900,000 -- $619 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $627 $139,300 $136,400 $2,900
2024 $627 $139,300 $136,400 $2,900
2023 $627 $139,300 $136,400 $2,900
2022 $644 $123,900 $121,200 $2,700
2021 $644 $123,900 $121,200 $2,700
2020 $644 $123,700 $121,200 $2,500
2019 $644 $123,900 $121,200 $2,700
2018 $643 $123,700 $121,200 $2,500
2017 $643 $123,700 $121,200 $2,500
2016 -- $123,700 $121,200 $2,500
2015 -- $123,700 $121,200 $2,500
2014 -- $126,800 $121,800 $5,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cornell Mason

    Piedmont Real Estate

    Section Image
  • Charlie Watts

    Buyer's Agent in 2024

    Charlie Watts

    Watts Auction Realty Appra Inc

    (434) 942-0840

    305 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 349630

APN: 0430-02000-006-B

Virginia Campbell County Rustburg 24550

8452 Wards Rd, Rustburg, VA

This home is located at 8452 Wards Rd, Rustburg, VA 24588 since 15 December 2023. 8452 Wards Rd is a home located in Campbell County with nearby schools including Yellow Branch Elementary School, Rustburg Middle School, and Rustburg High School.

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