Property summary
This exceptional 5,100 square foot brick office building at 3211 Old Forest Road in Lynchburg, Virginia presents a unique investment opportunity. Currently available for the first time, this property boasts a highly desirable location and substantial space. The main level features ten individual offices, a welcoming reception area, a dedicated conference room, a copy room, and two bathrooms. The lower terrace level offers even more space with eleven additional offices, a second reception area with its own exterior entrance, a smaller conference or break room, two more bathrooms, and ample storage. The building is equipped with a durable slate roof, ensuring long-term protection. Ample parking is provided with two parking lots accommodating 25 vehicles. The property sits on a generous 0.93-acre lot, offering significant potential for future expansion or outdoor amenities. This is a turnkey opportunity for a business seeking a well-established and conveniently located office space. The building's iconic status and substantial square footage make it an ideal location for a variety of businesses. The property's excellent condition and desirable features make it a rare find in the Lynchburg market. Priced at $750,000, this is a compelling investment opportunity not to be missed.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
Value estimations
Owner & transaction history
Zoning & alternative use
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lynchburg market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B3 · Lynchburg, VAThe B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B3 in Lynchburg, VA.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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