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    4327 Boonsboro Rd Lynchburg, VA 24503

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    For Lease
    $22 SF/Yr ($2,667 /Mo)

    Two 1,400 SF retail suites available for lease.

    Property size:
    1,400 SF
    Lot size:
    1.76 Acres

    Property Features for 4327 Boonsboro Rd

    General Information

    Size
    1,400 SF
    Lot size
    1.76 Acres

    Source: Cushman & Wakefield | Thalhimer - Lynchburg Agent Norman Moon

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

    Overview

    Retail Suites in High-Income Area

    Two 1,400 square foot suites are available for lease, suitable for retailers or professional firms seeking a location near their client base. The location benefits from a traffic volume of 14,000 vehicles per day and is situated in a high-income area with an average household income of $111,266 within a 1-mile radius. Ample on-site parking is available. The lease rate is $2,200 per month, which equates to $18.86 per square foot. Many national retailers are located in close proximity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peakland Market and Catering ... Caterer Boonsboro Cleaners Dry Cleaner Milano's Enoteca & Italian ... Italian Restaurant Dr. Andrew Anderson Family Practice Physician Peakland Crossing Shopping ... Shopping Mall

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Nail Salon Building Supply Auto Repair Shop 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
    -79.2044795
    Latitude
    37.4433862

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    FAQs

    What type of property is this?
    Retail space - Two 1,400 SF retail suites available for lease.
    Where is this retail space located?
    The property is located at 4327 Boonsboro Rd Lynchburg, VA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - High average household income ($111,266 within 1 mile); - Ample on-site parking; - Two 1,400 sf suites available
    (434) 851-4481
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    4327 Boonsboro Rd Lynchburg, VA 24503
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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
    4327 Boonsboro Rd Lynchburg, VA 24503
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