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    3211 Old Forest Rd Lynchburg, VA 24501

    For Sale
    $750,000

    Iconic Brick Office Building, 5,100 sq ft, 0.93 acres

    Property size:
    5,100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    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 Features for 3211 Old Forest Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,100 SF
    Lot Size
    40,511 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John Stewart Walker ... Real Estate Agency Karen W. Hall-John ... Real Estate Agent Doris Brammer, Realtor ... Real Estate Agent Judy Frantz, John ... Real Estate Agency Teresa Hudson Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.21113
    Latitude
    37.41321

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    FAQs

    What type of property is this?
    Commercial real estate - Iconic Brick Office Building, 5,100 sq ft, 0.93 acres
    Where is this commercial real estate located?
    The property is located at 3211 Old Forest Rd Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $750,000.
    (434) 385-6655
    Request Owner's contact information
    3211 Old Forest Rd Lynchburg, VA 24501
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    Lynchburg, VA 24501
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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
    3211 Old Forest Rd Lynchburg, VA 24501
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