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    1015 12Th St Lynchburg, VA 24504

    Sponsored
    For Sale
    $245,000

    Versatile Office Space, Move-In Ready

    Property size:
    3,072 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3,072 square foot commercial property, located at 1015 12th Street in Lynchburg, Virginia, presents a unique opportunity for a variety of businesses. Situated on a 0.38-acre lot, the building boasts a spacious and adaptable layout, ideal for a range of uses. Previously utilized as a church and educational facility, the property features a substantial meeting area or conference space, perfectly suited for presentations, seminars, or large gatherings. Multiple adjoining offices provide ample private workspaces, ensuring both collaborative and individual work environments. The building's condition is excellent

    Property Features for 1015 12Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,072 SF
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1946
    Location Intelligence

    Current Use by Public Records

    Christian Fellowship Association Church

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -79.14819
    Latitude
    37.40804

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Office Space, Move-In Ready
    Where is this commercial real estate located?
    The property is located at 1015 12Th St Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $245,000.
    (434) 316-6100
    Request Owner's contact information
    1015 12Th St Lynchburg, VA 24504
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    Lynchburg, VA 24504
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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
    1015 12Th St Lynchburg, VA 24504
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