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    120 Simons Run Lynchburg, VA 24501

    For Lease
    $32 SF/Yr ($6,400 /Mo)

    Retail space with high visibility near Liberty University.

    Property size:
    2,400 SF
    Lot size:
    1.72 Acres

    Property Features for 120 Simons Run

    General Information

    Size
    2,400 SF
    Lot size
    1.72 Acres

    Source: Taylor Long Properties Agent Ellen Long

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

    Overview

    Retail Space Near Liberty University

    This retail space offers excellent visibility and frontage on Simons Run, situated directly across from Wards Crossings West and Carmax. It is located in the heart of Lynchburg’s shopping area, along a major commercial corridor. The property is directly across from Liberty University, which has over 100,000 students. The space is adjacent to a Tru by Hilton, which is currently under construction. The property has a size of 2400 square feet and is suitable for retail purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Suzaku Cafe Japanese Restaurant Great Clips Beauty Salon K & E Nails ... Nail Salon PRETTY NAILS & SPA Nail Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.190953
    Latitude
    37.3424257

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    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility near Liberty University.
    Where is this retail space located?
    The property is located at 120 Simons Run Lynchburg, VA.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Directly across from Liberty University (over 100,000 students); - Excellent visibility and frontage on Simons Run; - Located in the heart of Lynchburg’s shopping area
    (804) 539-7793
    Request Owner's contact information
    120 Simons Run 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
    120 Simons Run Lynchburg, VA 24501
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