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    2815 Linkhorne Dr Lynchburg, VA 24503

    For Sale
    $825,000

    Prime Location, Multi-Unit Potential

    Property size:
    4,225 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional multi-unit office building presents a compelling investment opportunity in Lynchburg, Virginia. Situated on a highly visible 0.63-acre corner lot at 2815 Linkhorne Drive, the property boasts convenient access from both Old Forest Road and Linkhorne Drive, ensuring high visibility and accessibility. The 4,225 square foot building offers the flexibility to operate as three individual office units, generating rental income, or as a single owner-occupied space with tenant occupancy. Recent improvements include a new roof installed in 2012 and a newly replaced cupola in 2023, minimizing immediate maintenance needs. The strategic location across from the Forest Hill Shopping Center and in close proximity to numerous medical and retail businesses provides significant advantages for attracting tenants and maximizing occupancy rates. This property offers a blend of immediate income potential and long-term growth prospects, making it an attractive addition to any investment portfolio. The building's size and layout provide ample space for various business types, while the high-traffic location ensures consistent exposure. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Lynchburg market. The asking price is $825,000.

    Property Features for 2815 Linkhorne Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,225 SF
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1987
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Advance Foot Center ... Podiatrist Charlotte Timber Co ... Lumber Store Grace Care Llc Medical Equipment Supplier Blue Ridge Financial ... Financial Planner

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.20302
    Latitude
    37.41551

    Nearby Comparable

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      Multi-Unit Office Building For Sale

      Office building with potential for multiple tenants or owner occupancy.
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      Lynchburg Office Building - $825K

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      Office/Multi-Purpose Building For Sale

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      Lynchburg Commercial Land - 11.5 Acres

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      Retail Building on Corner Lot

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    • Contact for pricing
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      Lynchburg Specialty Property For Sale

      Specialty property with 2080 square feet available for purchase.
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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Multi-Unit Potential
    Where is this commercial real estate located?
    The property is located at 2815 Linkhorne Dr Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $825,000.
    (434) 455-2285
    Request Owner's contact information
    2815 Linkhorne Dr Lynchburg, VA 24503
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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
    2815 Linkhorne Dr Lynchburg, VA 24503
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