Machine Shop with Included
1431 Waterlick Road Lynchburg, VA 24501
1431 Waterlick Road, Lynchburg, VA, 24501
$1,599,000
For Sale
$1,599,000
COMMERCIAL - Lynchburg, VA
Property Size6,000 SF
Lot Size1.41 Acres
Price / SF$266.50
Days on Market47
Property Features for 1431 Waterlick Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 21-12-5
- Size
- 6,000 SF
- Lot size
- 1.41 Acres
Taxes and HOA fees
- Tax Description
- Mann Industrial Sites Lot 5 Sec 1
Building Details
- Year built
- 2017
Listing Agency
Watts Auction Realty Appraisals Inc
(434) 821-5263
7661 Wards RD, Rustburg, VA
Listed by
Charlie A Watts II · License #0225086405
(434) 821-5263
Added: Jun 5 Checked: Jul 21 at 5:06 am
MLS# 367113
Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a fully operational machine shop being sold with the building and all contents and machines included. The property is designed to support in-house machining work, with the equipment package conveyed alongside the real estate for immediate use by the next owner-operator.
Located outside of city limits in Campbell County near Lynchburg, the site offers convenient access to Business 460. The lot size is 1.41 acres, providing room for a dedicated shop operation within a compact commercial setting.
For buyers looking to acquire an existing, operating machine shop rather than starting from scratch, this property provides the core equipment and workspace together. It also may be of interest to automotive-related operators seeking an on-site machining capability and a property configured for shop use, with the added convenience that the machines and shop contents are included in the sale.
Located outside of city limits in Campbell County near Lynchburg, the site offers convenient access to Business 460. The lot size is 1.41 acres, providing room for a dedicated shop operation within a compact commercial setting.
For buyers looking to acquire an existing, operating machine shop rather than starting from scratch, this property provides the core equipment and workspace together. It also may be of interest to automotive-related operators seeking an on-site machining capability and a property configured for shop use, with the added convenience that the machines and shop contents are included in the sale.
Key Highlights
- Machine shop built in 2017
- Fully operational machine shop located outside city limits in Campbell County near Business 460
- All contents and machines included with the building
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 | $108.0k | $18.00 |
| − Vacancy | −$4.0k | −$0.67 |
| EGI | $104.0k | $17.33 |
| − OpEx | −$31.2k | −$5.20 |
| NOI | $72.8k | $12.13 |
6,000 SF · lease $18.00/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.04M
$910.0K – $1.21M
NOI $72,803 @ 7.0% cap · market cap 4.55%
Second Best
Industrial
$432.9K
$378.8K – $505.1K
NOI $30,303 @ 7.0% cap · market cap 1.90%
Theoretical Best
Office A
$1.78M
$1.56M – $2.07M
NOI $124,416 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Prototec
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Steele's Body Shop — 18914 Leesville Rd, Lynchburg, VA 24501
- Tim's Auto Services & Repair — 18932 Leesville Rd, Lynchburg, VA 24501
- Timbrook Automotive Inc — 1505 Waterlick Rd, Lynchburg, VA 24501
- LYH Automotive — 19213 Leesville Rd Suite 2, Lynchburg, VA 24502
FAQs
What type of property is this?
Auto shop - Fully operational machine shop with machines and business contents included, offering turn-key continuity for an automotive shop operator.
Where is this auto shop located?
The property is located at 1431 Waterlick Road Lynchburg, VA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Machine shop built in 2017; Fully operational machine shop located outside city limits in Campbell County near Business 460; All contents and machines included with the building
