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    Lynchburg Commercial Property For Sale Title is generated by Realmo AI

    4001 Murray, Lynchburg, VA 24501

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    For Sale
    $1,250,000

    COMMERCIAL - Lynchburg, VA

    Property size:
    6,215 SF
    Lot size:
    3.56 Acres
    Price / SF:
    $201/SF
    Added:
    Dec 27, 2025
    Days on Market:
    169
    Last Refresh:
    Jun 14 at 7:06 pm

    Property Features for 4001 Murray

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    05201010
    Size
    6,215 SF
    Lot size
    3.56 Acres

    Taxes and HOA fees

    Tax Description
    H H & B G PRESTON - B

    Building Details

    Year built
    1973

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    Listing Contact
    Glenn D Whorley

    Listing agent Glenn D Whorley License #0225104774

    Listing office Century 21 ALL-SERVICE 20886 Timberlake Road, Lynchburg, VA

    Listing date Dec 27, 2025

    MLS# 363684

    Copyright © 2026 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.

    HighLights

    • Thriving business opportunity.
    • Large 6000+ sq ft building.
    • Over 160 parking spaces.
    • Zoned B5 (82%) allowing for multiple business uses.
    • Great location off Oddfellows extension with easy access to major roads.
    • Built in 1973.

    Overview

    This commercial property in Lynchburg, VA, presents a business opportunity with a 6,000+ sq ft building and over 160 parking spaces. Situated on a 3.555-acre lot with B5 zoning (82% coverage), the property is located just off the Odd Fellows extension, providing access to major roads suitable for high-traffic business operations. The flexible zoning and strategic location allow for multiple potential uses, including an office complex with professional suites, medical offices, or administrative headquarters. Hotel development is another possibility, given the property's visibility and accessibility for travelers. The site could also accommodate a mixed-use business, featuring retail, service-based operations, or specialty commercial ventures. With easy ingress/egress, abundant parking, and a commercial setting, this property is suited for continued success or redevelopment.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $130.5k $21.00
    − Vacancy −$5.2k −$0.84
    EGI $125.3k $20.16
    − OpEx −$31.3k −$5.04
    NOI $94.0k $15.12
    6,215 SF · lease $21.00/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.34M
    $1.17M – $1.57M (±1% cap)
    NOI $93,971 @ 7.0% cap · market cap 7.52%
    Second Best
    Retail
    $1.08M
    $942.7K – $1.26M (±1% cap)
    NOI $75,412 @ 7.0% cap · market cap 6.03%
    Theoretical Best
    Office A
    $1.84M
    $1.61M – $2.15M (±1% cap)
    NOI $128,874 @ 7.0% cap · market cap 10.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Big Lick Tropical ... Restaurant

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.1686411
    Latitude
    37.3833724

    FAQs

    What type of property is this?
    Mixed-use property - High-visibility commercial property with flexible zoning and ample parking.
    Where is this mixed-use property located?
    The property is located at 4001 Murray Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Thriving business opportunity.; Large 6000+ sq ft building.; Over 160 parking spaces.
    More about this property
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