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$140,000

7521 Timberlake Rd Lynchburg, VA 24502

1.1 acres
Land

Property details

About 7521 Timberlake Rd

Prime Commercial Property consisting of two lots being approximately 1.1 acre with approx. 213 of frontage on Timberlake Rd. (Rt. 460 Business). Selling both lots for $140,000 or can be purchased separately for $75,000 each.

Highlights

Home typeUnimproved Land
StatusActive
Lot size1.1 Acres
MLS #342423

Summary

  • List Price: $140,000
  • Annual Tax Amount: $495
  • Tax Year: 2024
  • Directions: Located in the West bound lane of Timberlake Road approximately 220 East of Roundelay Circle.
  • Lot Size: 1.1 Acres
  • MLS Number: 342423
  • MLS Name: Lynchburg
  • Office Name: Coldwell Banker Commercial Read & Company
  • Office Phone: (434) 455-2285
  • Listing Agent: Rick L 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: 7/22/2025, 7:45:33 PM 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$55,700$495
2023$55,700$495
2022$55,700$618
2021$55,700$618
2020$55,700$309
2019$55,700$801
2018$72,200$801
2017$72,200$801

History based on county public records data.

Nearby schools

2

Heritage Elementary School

Public District KG-5

0.7 mi

501 Leesville Rd

6

Tomahawk Elementary School

Public District PK-5

1.3 mi

155 Bee Dr

2

Sheffield Elementary School

Public District KG-5

1.8 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 $59,670. The most common annual income of people living in Lynchburg, VA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

18%
<35k
66%
35k-100k
13%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

44%
Single, No Kids
7%
Single, with Kids
28%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Minor League Baseball GamesMinor League Baseball Games
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • Chick-fil-AChick-fil-A
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • InfinitiInfiniti
  • KiaKia
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Active RockActive Rock
  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7521 Timberlake Rd

The listing price of 7521 Timberlake Rd property is $140,000.

The property 7521 Timberlake Rd is land located in Lynchburg, Virginia, 24502.

Active Listing: 7521 Timberlake Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7521 Timberlake Rd are: Heritage Elementary School (GreatSchools Rating 2/10), Tomahawk Elementary School (GreatSchools Rating 6/10), Sheffield Elementary School (GreatSchools Rating 2/10), Brookville Middle School (GreatSchools Rating 4/10), Sandusky Middle School (GreatSchools Rating 3/10), 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 $495 (source: MLS/based on county public records data).

The property 7521 Timberlake Rd is 1.1 acres.

The sq. ft. of 7521 Timberlake Rd is not available (source: MLS/tax record).

This home is located at 7521 Timberlake Rd in Lynchburg, VA and zip code 24502. Features: 0 bathroom. It has been listed on Rocket Homes since February 2, 2023 and is currently priced at $140,000.

Lynchburg, VA housing market in June 2025 saw over 47 listings sold above listed price, more than 44 sold at listed price and over 42 sold below. Between May and June 2025, Lynchburg, VA real estate market has seen decrease in the number of listings 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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