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    1622 12 St Lynchburg Lynchburg, VA 24501

    For Sale
    $275,000

    Three-building commercial property with karate studio and auto shop.

    Property size:
    2 SF

    Property Features for 1622 12 St Lynchburg

    General Information

    Size
    2 SF

    Source: Luke Dykeman Agent Luke Dykeman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lynchburg Commercial Property on 12th

    Located on 12th Street in Lynchburg, this property features approximately 3,943 square feet of total space across three buildings. The buildings include a 2,450-square-foot karate studio, a 1,241-square-foot auto shop with two roll-up doors, a reception area, an oil furnace, and two restrooms, and a 252-square-foot office/storage building. The zoning allows for a wide variety of uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    TD's Auto Repair Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    Earls Discount Auto Services, Star Quality Auto Body, Mr. Tire Auto Service Centers, Wayne's Muffler Shop, Bee Line Towing & Transport

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.1576
    Latitude
    37.3527

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    FAQs

    What type of property is this?
    Auto shop - Three-building commercial property with karate studio and auto shop.
    Where is this auto shop located?
    The property is located at 1622 12 St Lynchburg Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Highly visible location on 12th Street.; - Zoning allows for a wide variety of uses.; - Includes a 2,450 sq. ft. Karate Studio.
    (434) 455-2285
    Request Owner's contact information
    1622 12 St Lynchburg 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
    1622 12 St Lynchburg Lynchburg, VA 24501
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