521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
521 Colony Rd
Land
ID 750055
Sale

386-Acre Riverfront Redevelopment Opportunity

521 Colony Rd

Madison Heights, VA, 24572

Please contact us for price

  • Space Available for sale386 ac 
Kyle Vernon

Kyle Vernon

Senior Transaction Manager

Broker details

Creighton Armstrong

Creighton Armstrong

Senior Managing Director, Government Solutions

Broker details

  • Description
  • Highlights
  • Location
  • Brochures
  • Brokers

386-Acre Riverfront Redevelopment Opportunity

This 386-acre site in Amherst County, Virginia, offers a prime redevelopment opportunity with extensive James River frontage and views of downtown Lynchburg. Established in 1910 as the Central Virginia Training Center, a state-run residential mental health facility, it ceased operations in 2020. The property features approximately 90 buildings constructed between 1912 and 1989, totaling over 900,000 square feet with diverse uses and conditions. Some structures and areas may be suitable for adaptive reuse, potentially qualifying for historic tax credits, while others are candidates for demolition to accommodate new construction. Resources compiled by Amherst County including a concept plan and technical documentation are available at trainingcentermasterplan.com.

Location

Brochure

Brokers

Kyle Vernon

Kyle Vernon

Senior Transaction Manager

Broker details

Creighton Armstrong

Creighton Armstrong

Senior Managing Director, Government Solutions

Broker details