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    105 Tradewynd Dr Lynchburg, VA 24502

    Sponsored
    For Sale
    $499,900

    High-Visibility Office Space, Great Potential

    Property size:
    2,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,500 square foot commercial property located at 105 Tradewynd Drive, Lynchburg, VA, presents a compelling investment opportunity for owner-occupants. Situated on a 0.03-acre lot at a prominent stoplight location in the Summit area, this building boasts unparalleled visibility and accessibility. Currently configured as an executive rental, the main level features five private offices, a mini-kitchen, and two restrooms, ideal for a professional business. An open floor plan on the second level is currently occupied by a month-to-month tenant, offering immediate rental income. This upper level includes a restroom, office space, kitchen, and a spacious gathering room, all conveniently accessible at walk-in level from the rear of the building. The absence of steps on the upper level enhances accessibility and usability. The property's strategic location and versatile layout make it suitable for a variety of uses, offering significant potential for both immediate income and long-term growth. The asking price is $499,900. This is a rare opportunity in a high-demand area

    Property Features for 105 Tradewynd Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,500 SF
    Lot Size
    1,307 SF

    Building Details

    Year Built
    2003
    Property Profile Location Intelligence

    Current Use by Public Records

    Exemplar Education and Consulting ... Emergency Training

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.24048
    Latitude
    37.35691

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Office Space, Great Potential
    Where is this commercial real estate located?
    The property is located at 105 Tradewynd Dr Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $499,900.
    (804) 402-3725
    Request Owner's contact information
    105 Tradewynd Dr Lynchburg, VA 24502
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    Lynchburg, VA 24502
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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
    105 Tradewynd Dr Lynchburg, VA 24502
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