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    5205 Fort Ave Lynchburg, VA 24502

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    For Sale
    $1,560,000

    Retail property near Liberty University with high traffic volume.

    Property size:
    10,037 SF
    Lot size:
    0.52 Acres

    Property Features for 5205 Fort Ave

    General Information

    Size
    10,037 SF
    Lot size
    0.52 Acres

    Source: Cushman & Wakefield | Thalhimer - Lynchburg Agent George Lupton, III

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

    Overview

    Retail Property Near Liberty University

    This retail property is located approximately two miles from Liberty University, which has a student population of 16,000 on campus. The corner parcel is zoned B-3 (Community Business) in the City of Lynchburg, accommodating a variety of uses. The property features two ingress and egress points on Fort Avenue and Lindsey Street. It benefits from high visibility along Fort Avenue, with a traffic volume of approximately 20,973 vehicles per day. The property includes illuminated signage on the building and a roadside pylon, enhancing exposure. A dock-high delivery door is available. The property size is 10,037 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Buddy's Home Furnishings Furniture Rental Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.1851152
    Latitude
    37.3777507

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    FAQs

    What type of property is this?
    Storefront property - Retail property near Liberty University with high traffic volume.
    Where is this storefront property located?
    The property is located at 5205 Fort Ave Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $1,560,000.
    What are key features of this property?
    This property features: - High traffic location on Fort Avenue with ±20,973 VPD.; - Zoned B-3 (Community Business) allowing a variety of uses.; - ±2 miles from Liberty University with 16,000 students.
    (434) 455-2306
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    5205 Fort Ave Lynchburg, VA 24502
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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
    5205 Fort Ave Lynchburg, VA 24502
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