1209 COMMERCE ST Lynchburg, VA 24504
Retail space available for purchase, totaling 5,804 square feet.
Property Features for 1209 COMMERCE ST
General Information
- Standard status
- Active
- Size
- 5,804 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1915
Listing office Divine Fog Realty Company LLC- Roanoke
Listing date May 21, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Divine Fog Realty Company LLC- Roanoke
Investment Insights
Based on property information with market context.
Key Highlights
- Retail Property
- Size: 5,804 SF
- Built in 1915
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.5k | $18.00 |
| − Vacancy | −$3.9k | −$0.67 |
| EGI | $100.6k | $17.33 |
| − OpEx | −$30.2k | −$5.20 |
| NOI | $70.4k | $12.13 |
