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    1401 Lakeside Dr Lynchburg, VA 24501

    For Sale
    $299,900

    Commercial/Indust - Lynchburg, VA

    Lot size:
    0.27 Acres
    Days on Market:
    99
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 1401 Lakeside Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-5C
    APN
    01413002
    Lot size
    0.27 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1961
    Flooring type
    Tile, Tile - Ceramic, Vinyl
    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 4, 2025

    MLS# 361674 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/Industrial Investment Opportunity

    This commercial property, situated in Lynchburg, Virginia, presents an investment opportunity. The building, previously utilized as office space, is located on route 221 and has zoning designation B-5C. The property has potential for conversion to other business uses. The lot size is approximately 0.2723 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Similar Places Nearby

    Trans-Comp International, Digital One Technology

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.1805788
    Latitude
    37.4018343

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    FAQs

    What type of property is this?
    Office Property / Space - Office building on 221, potential for business conversion.
    Where is this office property / space located?
    The property is located at 1401 Lakeside Dr Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - High-traffic location on 221; - Investment opportunity with business conversion potential; - Existing office space layout
    (434) 821-5263
    Request Owner's contact information
    1401 Lakeside Dr 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
    1401 Lakeside Dr Lynchburg, VA 24501
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