Sold
Last Sold Price
522,284 Lot Size11.99 Acres

150 Mill Ridge Rd, Lynchburg, VA 24502

LandProperty Type
11.99 acresLot Size

Description

Approximately 5 acres already graded and ready to build. 1000' road frontage. Easy access location off US 501 with all utilities available.Approximately 5 acres already graded and ready to build. 1000' road frontage. Easy access location off US 501 with all utilities available.
  • Listed by: Tommy Dewitt • Dewitt Real Estate & Auction
Listing closed: 06/14/2019 12:00 AM • Source: Lynchburg Association of REALTORS, MLS#: 315773
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Recent comparable sales

Median sold price

$314,900

Avg days on market

25

Sale-to-list ratio

85.9%

Lynchburg, VA

9 comparable properties found

a view of a city
1/11
1

$329,900

Sold 09/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.05
Acres
2

$147,948

Sold 08/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.18
Acres
3

$129,948

Sold 08/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.42
Acres
4

$381,873

Sold 08/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
13.48
Acres
a view of a yard with a house in the background
1/4
5

$51,500

Sold 12/20/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.34
Acres
6

$314,900

Sold 04/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,700
Square Feet
0.10
Acres
a view of a balcony
1/6
7

$61,000

Sold 02/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.46
Acres
8

$336,920

Sold 07/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,960
Square Feet
0.45
Acres
9

$316,500

Sold 06/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,064
Square Feet
0.20
Acres

Location

Listing Courtesy of Dewitt Real Estate & Auction, Tommy Dewitt

Sold By Morton G. Thalhimer, Inc, Norman K. Moon, Jr.

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Payment Calculator

$2,534 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,090

Property Taxes

$444

HOA Dues

$0

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Property Information for 150 Mill Ridge Road

Property Details

  • Taxes: $5,323 / year
  • MLS Type: Land / Unimproved Land
  • Zoning: I-2 C
  • Directions: Off Graves Mill Road on Mill Ridge, backs up to US Hwy 501.

Building Information

  • Lot Size: 11.99 AC

Summary

Location and General Information
  • County/City: Lynchburg
  • State: VA
  • ZIP: 24502
  • Area: Lynchburg
  • Longitude: .00
  • Latitude: .00
  • City/Town: Lynchburg
  • Access: Rd Frnt State Paved
  • Accessible Transport: City Maintained, U.S. Highway
Taxes and HOA
  • Tax Map/Parcel ID: 24308004
  • Estimated Taxes: $5,323.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • Elementary School: Sandusky Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • School District: Lynchburg

Property

Lot Information
  • Acres: 11.99
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 522284.0
  • Square Footage: 0.0
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Unimproved Land
  • Road Frontage: 1,800.00
  • Restrictions: None
  • Topography: Level to Rolling
  • Age: 0
  • Financing: Conventional
  • FIPS Code: 680
  • Legal Description: MILL RIDGE IND PK-SEC 1-LOT 4
  • Building on Property: None
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Best Use: Dvlp to Industrial
  • Current Use: Vacant
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Utilities: ElectricityAvailable, Sewer System Avail, Water System Avail

Interior and Exterior Features

Exterior Features
  • Attach Doc to DocBox: Aerial Photograph, Tax Map, Topography
Interior Features
  • Limited Services: No
  • Bathrooms: .00
  • Quarter Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Bedrooms: 0
  • Possible Bedrooms: 0

Multi Family

Income and Expenses
  • Miscellaneous: Stream / Creek, Wooded

Property History for 150 Mill Ridge Road

DateEvent & SourcePriceAppreciation
Jun 14, 2019

Sold (Public Record)

Public Record #1423227340

$391,500—
Jun 14, 2019

Sold

Lynchburg Association of REALTORS #315773

$391,500—
Mar 25, 2019

Pending

Lynchburg Association of REALTORS #315773

—
DateEvent & SourcePrice
06/14/2019

Sold (Public Record)

Public Record #1423227340

$391,500
06/14/2019

Sold

Lynchburg Association of REALTORS #315773

$391,500
03/25/2019

Pending

Lynchburg Association of REALTORS #315773

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 150 Mill Ridge Road

Taxable Value

Land

$379,900

Additions

$195,100
Total$575,000

Tax Record

2025

$4,830 ($402 / month)

Home Facts

Lot Size

522,284 SqFt

Style

Miscellaneous Commercial

Zoning

I2C

County

LYNCHBURG CITY

APN

243 08 004

Schools near 150 Mill Ridge Road

This home is within Lynchburg City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Sandusky Elementary School
PublicPK to 5

Sandusky Middle School
Public6 to 8

Heritage High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 150 Mill Ridge Road, Lynchburg, VA 24502
$391,500
–
–
–
522,284
$50,000
–
–
–
335,847
–
–
–
–
272,947
–
–
–
–
375,966
–
–
–
222,427
1,026,274
–
–
–
8,389
235,616

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Dewitt Real Estate & Auction, Tommy Dewitt

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.