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    1311 Lakeside Dr Lynchburg, VA 24501

    For Sale
    $349,900

    Commercial/Indust - Lynchburg, VA

    Lot size:
    0.80 Acres
    Days on Market:
    95
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 1311 Lakeside Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-5C
    APN
    01414001
    Lot size
    0.80 Acres

    Building Details

    Year built
    1985
    Flooring type
    Concrete
    Roof type
    Built-Up
    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 Sep 12, 2025

    MLS# 361893 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 Garage on Lakeside Drive

    This garage, situated on 0.796 acres, is located on 221 in Lynchburg, VA. The property is zoned B-5C and is located on Lakeside Drive. This property presents a business opportunity for automotive-related uses, including auto shops and other automotive properties, as well as retail properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    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.

    Similar Places Nearby

    Berglund Toyota Service, OuttaSight Window Tinting & Vehicle Wraps, Terry Subaru Service, Berglund Toyota Parts, Terry Volkswagen

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.1793065
    Latitude
    37.4022091

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    FAQs

    What type of property is this?
    Auto shop - Garage on 221 in a great location!
    Where is this auto shop located?
    The property is located at 1311 Lakeside Dr Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Business Opportunity: Garage property suitable for commercial use.; - Prime Location: Situated directly on route 221.; - Concrete Flooring: Durable and suitable for garage use.
    (434) 821-5263
    Request Owner's contact information
    1311 Lakeside Dr Lynchburg, VA 24501
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    Lynchburg, VA 24501
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    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
    1311 Lakeside Dr Lynchburg, VA 24501
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