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$299,000

601 Graves Mill Rd Lynchburg, VA 24502

4.7 acres
Land

Property details

About 601 Graves Mill Rd

Convenient location just a short distance from the 501 / Graves Mill Road interchange. Over 600 of frontage on Graves Mill Road. Zoned B-5C & R-C. The B-5C zoning allows for a wide variety of commercial uses. Surrounding businesses include Charlies Restaurant, Pinkerton Chevrolet & Buick, Heritage Funeral Home, Liberty University Online, Home Depot and numerous physicians offices.

Highlights

Home typeUnimproved Land
StatusActive
Lot size4.7 Acres
MLS #321434

Summary

  • List Price: $299,000
  • Annual Tax Amount: $2,793
  • Tax Year: 2024
  • Directions: From 501 (Expressway) take the Graves Mill Road exit. Right at light to right at light at Pinkerton Chevrolet. Property just past Charlies Restaurant.
  • Lot Size: 4.7 Acres
  • MLS Number: 321434
  • MLS Name: Lynchburg
  • Office Name: Coldwell Banker Commercial Read & Company
  • Office Phone: (434) 455-2285
  • Listing Agent: Ricky Read

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 3:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$313,900$2,793
2023$313,900$2,793
2022$313,900$3,484
2021$313,900$3,484
2020$313,900$871
2019$313,900$927

History based on county public records data.

Nearby schools

3

Sandusky Elementary School

Public District KG-5

0.8 mi

5828 Apache Ln

2

Heritage Elementary School

Public District KG-5

1.0 mi

501 Leesville Rd

2

Sheffield Elementary School

Public District KG-5

1.5 mi

115 Kenwood Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,575. The most common annual income of people living in Lynchburg, VA is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

63%
<35k
27%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
18%
Single, with Kids
15%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
5%
12-17 yrs old
51%
18-34 yrs old
22%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • StarbucksStarbucks
  • SonicSonic

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 601 Graves Mill Rd

The listing price of 601 Graves Mill Rd property is $299,000.

The property 601 Graves Mill Rd is land located in Lynchburg, Virginia, 24502.

Active Listing: 601 Graves Mill Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 601 Graves Mill Rd are: Sandusky Elementary School (GreatSchools Rating 3/10), Heritage Elementary School (GreatSchools Rating 2/10), Sheffield Elementary School (GreatSchools Rating 2/10), Sandusky Middle School (GreatSchools Rating 3/10), Brookville Middle School (GreatSchools Rating 4/10), Linkhorne Middle School (GreatSchools Rating 2/10), Heritage High School (GreatSchools Rating 2/10), Brookville High School (GreatSchools Rating 5/10), E. C. Glass High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $2,793 (source: MLS/based on county public records data).

The property 601 Graves Mill Rd is 4.7 acres.

The sq. ft. of 601 Graves Mill Rd is not available (source: MLS/tax record).

This home is located at 601 Graves Mill Rd in Lynchburg, VA and zip code 24502. Features: 0 bathroom. It has been listed on Rocket Homes since October 10, 2019 and is currently priced at $299,000.

Over 47 listings were sold over their listed price in June 2025 in Lynchburg, VA. In the same period over 42 listings were sold below the listed price and 44 listings were sold for the listed price. The inventory of homes for sale in Lynchburg, VA between May and June 2025 decreased by 0.4%. In June 2025 median list price was $285,000 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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