Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1215 Lakeside Dr Lynchburg, VA 24501

    New
    Under Contract
    For Sale
    $254,900

    Commercial/Indust - Lynchburg, VA

    Lot size:
    0.36 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 1215 Lakeside Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    B5
    APN
    01415001
    Lot size
    0.36 Acres

    Building Details

    Year built
    1985
    Flooring type
    Other
    Architectural style
    Other

    Watts Auction Realty Appraisals, Inc (434) 821-5263 [email protected]

    Listing agent Charlie A Watts II (434) 821-5263 License #0225086405

    Listing date Dec 1, 2025

    MLS# 363372 Listing URL

    Copyright © 2025 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lynchburg Commercial Investment Opportunity

    This commercial property, situated in Lynchburg, Virginia, presents an investment opportunity. The property is zoned B5 and includes approximately 0.364 acres of land. The listing title indicates its suitability for commercial or industrial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.1787157
    Latitude
    37.4026071

    Nearby Similar for Sale

    • $3,200,000
      0.69 Acres

      Historical Tobacco Warehouse Opportunity

      Spacious warehouse with development potential in Downtown Lynchburg.
      107 13Th St, Lynchburg, VA 24504
      View Details
    • $299,900
      0.22 Acres

      Lynchburg Duplex in Convenient Location

      Well-maintained duplex near University of Lynchburg, ready to rent.
      2315 Old Forest Rd, Lynchburg, VA 24501
      View Details
    • $359,900
      0.25 Acres

      Renovated Office with Apartment

      Charming renovated office with a basement apartment for rent.
      1049 Claymont Dr, Lynchburg, VA 24503
      View Details
    • $269,900
      0.14 Acres

      Versatile Income-Friendly Fort Hill Property

      Fort Hill multi-family property with rental income potential.
      223 Warren Ave, Lynchburg, VA 24501
      View Details
    • New
      $549,900
      3,266 SF

      Spacious Rancher with Dual Suites

      Over 3,000 sq ft rancher perfect for gatherings.
      1369 Timberlake Dr, Lynchburg, VA 24502
      View Details
    • $189,900
      0.12 Acres

      Lynchburg Duplex Investment Opportunity

      Well-maintained duplex in Lynchburg with renovated unit and new roof.
      2228 Tulip St, Lynchburg, VA 24504
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial building with many possibilities in Lynchburg, Virginia.
    Where is this commercial land located?
    The property is located at 1215 Lakeside Dr Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $254,900.
    What are key features of this property?
    This property features: - Investment opportunity for a commercial building.; - Many possibilities for use.; - Location available.
    (434) 821-5263
    Request Owner's contact information
    1215 Lakeside Dr Lynchburg, VA 24501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1215 Lakeside Dr
    Lynchburg, VA 24501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1215 Lakeside Dr Lynchburg, VA 24501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.