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    3100 Old Forest Rd Lynchburg, VA 24501

    For Sale
    $1,695,000

    10,113 SF building on 1.106 AC corner lot.

    Property size:
    10,113 SF
    Lot size:
    1.11 Acres

    Property Features for 3100 Old Forest Rd

    General Information

    Size
    10,113 SF
    Lot size
    1.11 Acres

    Source: Gentry Commercial Real Estate, Inc Agent Christopher Gentry

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

    Overview

    Retail Building on Corner Lot

    The property features a building with approximately 10,113 square feet of space, situated on a site of approximately 1.106 acres. It occupies a corner location at a signalized intersection. Originally constructed as a pharmacy with a drive-thru, the building can be repurposed for other retail, multitenant, or medical uses. Alternatively, the site can be redeveloped for other purposes. The property includes 53 paved parking spaces and a drive-thru configuration. Public water and sewer services are available. A large pylon sign is present.
    Insight Report Location Intelligence

    Current Use by Public Records

    Buy Bitcoin Crypto Atm CVS Drug Store Redbox Movie Rental Kiosk MoneyGram Money Transfer Service Coinhub Bitcoin ATM ... Atm

    Suggested Use

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

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

    Similar Places Nearby

    Walmart Pharmacy, Thuan Nguyen, Megan Bailey, Sue Bass, Dark Beauty Insights

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.2077826
    Latitude
    37.4149918

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    FAQs

    What type of property is this?
    Drug store - 10,113 SF building on 1.106 AC corner lot.
    Where is this drug store located?
    The property is located at 3100 Old Forest Rd Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: - High-visibility corner location at a signalized intersection.; - Versatile building suitable for retail, multi-tenant, or medical use.; - Redevelopment potential for alternative uses.
    (434) 485-8900
    Request Owner's contact information
    3100 Old Forest Rd 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
    3100 Old Forest Rd Lynchburg, VA 24501
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