Commercial Building with
4001 Murray Lynchburg, VA 24501
For Sale
$1,200,000
COMMERCIAL - Lynchburg, VA
Property Size6,215 SF
Lot Size3.56 Acres
Price / SF$193.08
Days on Market215
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
Listing Agency:
Century 21 ALL-SERVICE
(434) 237-7777
Listed By:
Glenn D Whorley · License #0225104774
(434) 239-2121
Added: Dec 27, 2025
Changed: Jul 9
Last Checked: Jul 30 at 10:06AM
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.
Investment Insights
Based on property information with market context.
The property consists of a single commercial building totaling 6,215 square feet on a 3.555-acre lot with approximately 82% coverage. The site includes 160+ parking spaces and is designed for easy ingress and egress.
Located just off the Odd Fellows extension in Lynchburg, VA, the property is positioned to provide access to major roads. The listing notes a B5 zoning designation and flexible site considerations for a range of commercial uses.
Based on the stated flexibility of the B5 zoning, the building and site may fit tenants or owners seeking an office complex with professional suites, medical office space, or an administrative headquarters. The remarks also indicate the property could be considered for mixed-use or retail/service-oriented concepts, as well as hotel development plans given the site’s access and parking.
Located just off the Odd Fellows extension in Lynchburg, VA, the property is positioned to provide access to major roads. The listing notes a B5 zoning designation and flexible site considerations for a range of commercial uses.
Based on the stated flexibility of the B5 zoning, the building and site may fit tenants or owners seeking an office complex with professional suites, medical office space, or an administrative headquarters. The remarks also indicate the property could be considered for mixed-use or retail/service-oriented concepts, as well as hotel development plans given the site’s access and parking.
Key Highlights
- 1973‑built commercial property with 6,000+ sq ft building
- B5 zoned lot with 82% coverage
- 160+ on‑site parking spaces
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
NOI $93,971 @ 7.0% cap · market cap 7.83%
Second Best
Healthcare Medical
$1.10M
$966.6K – $1.29M
NOI $77,325 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,874 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - For-sale commercial building on B5-zoned lot with 160+ parking spaces and flexible reuse options.
Where is this office building located?
The property is located at 4001 Murray Lynchburg, VA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1973‑built commercial property with 6,000+ sq ft building; B5 zoned lot with 82% coverage; 160+ on‑site parking spaces
