The Market

The Project
AN ENVIRONMENT FOR OPPORTUNITY
Located in Central Virginia, The City of Lynchburg is experiencing rapid growth as a thriving hub for commerce and culture. This can be seen through its expanding and diverse population, flourishing higher education institutions, and impressive economic development. Situated in the scenic foothills of the Blue Ridge Mountains and surrounded by the majestic James River, Lynchburg offers a prime location with a pristine natural environment.
 
The presence of diverse industries, such as manufacturing, healthcare, education, and technology, fosters a robust and resilient economy. Furthermore, Lynchburg is home to a skilled and educated workforce, ensuring a talent pool that supports innovation and growth. The city’s pro-business climate, low taxes, and supportive government policies further attract businesses and entrepreneurs, creating a fertile ground for investment and expansion. Overall, Lynchburg’s economic benefits make it an attractive destination for businesses, job seekers, and investors alike.
AN ENVIRONMENT FOR OPPORTUNITY
Lynchburg, VA’s strategic location makes it a central hub and prime destination for commerce and trade. Lynchburg is easily accessible to many major metropolitan areas and the Port of Virginia by a quick train ride or drive. The Port of Virginia is built around the world’s largest natural deep-water harbor and currently stands as the third-largest container port on the East Coast. 
 
Virginia’s modern infrastructure provides companies the opportunity to move product in and out quickly to customers and other businesses alike. 
1000 Robins Road & 1215 Florida Avenue is a ±28.68 Acre, ±218,878 SF industrial manufacturing and distribution facility adjacent to the Lynchburg Expressway (U.S. 29 & U.S. 501). Nearby development includes Lynchburg’s Central Business District (CBD), major corporations, universities, restaurants, and other amenities. The property is designed to accommodate a wide range of industrial activities. Whether it’s manufacturing, assembly, storage, or distribution, the flexible layout and construction allows for easy customization and optimal space utilization. Furthermore, the Lynchburg Region offers a centralized regional location and a labor force of approx. 127,000 people.

property highlights

​Strategic location at Lynchburg Expressway’s U.S. 29 & U.S. 501. Easy N access to customers and supply chain with its central location.
​Site offers flexibility to accommodate an investor or user’s manufacturing, storage, or distribution needs.
Due to the low cost of living in the Lynchburg Region (12% below the national average), wage rates are favorable for employers. The average annual wage in the region is approx. $48,000.
​The Lynchburg Regional Business Alliance offers recruitment and training programs to help businesses become operational and maintain a competitive advantage.

Tax benefits

  • Tax credits for job creation and investment
  • Corporate Income Tax: Virginia’s corporate income tax has not been raised since 1972 (6.0%: One of the lowest in the country)
  • Sales & Use Tax: The total tax is 5.3% (4.3% state tax & 1% local tax)
  • Manufacturers do not pay tax on purchases used for production; distributors do not pay tax on items purchased for resale
  • Some of the nation’s lowest machine & tool tax rates

property history

Initially constructed in 1927, this industrial property has undergone significant additions and renovations over the years, as recently as 2016. Manufacturing has been consistent on site for over 100 years; for many years, it was the headquarters and primary production facility for ChapStick. Over the past 40 years, it has been used to manufacture a
number of personal care products.

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