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Retail/Bank Building Investment Opportunity
For Sale
$975,000

3225 Old Forest Rd. Lynchburg, Lynchburg, VA 24501

Retail/Bank building on Walmart outparcel with lease in place.

Property Size2,882 SF
Price / SF$487,500
Days on Market335

Property Features for 3225 Old Forest Rd. Lynchburg

General Information

Standard status Active
Size 2,882 SF
Property subtype Office

Building Details

Building Size 2,882 SF
Listing Agency: Coldwell Banker Commercial Read & Co.
Listed By: Ricky Read · License #0226023041
Source: Cbcworldwide
Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:45AM

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 Coldwell Banker Commercial Read & Co.

Investment Insights

Based on property information with market context.

This retail/bank building is an investment opportunity located on Old Forest Road in Lynchburg, VA. The property is situated on a Walmart Supercenter outparcel at a signalized intersection. It features high visibility, a shared parking easement with Walmart, a drive-thru, and multiple means of ingress/egress. The property is in close proximity to Rt. 501. An existing lease is in place until March 2026. The property size is 2 acres.

Key Highlights

  • Located on a Walmart Supercenter Outparcel
  • Existing lease in place until March 2026
  • High visibility at a signalized intersection

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Storage Facility Furniture & Home Goods Kitchen & Bath Showroom Home Appliance Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

481
Businesses Nearby

Demographics for 24501, VA

27,160
Population
12,157
Households
2.2
Avg Household Size
33
Median Age
25%
College-Educated
87%
High-School Grad
36.3 sq mi
ZIP Area
748
Density / Sq Mi
$45,305
Median Household Income
$28,790
Median Earnings
$936
Median Rent
$155,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Retail/Bank building on Walmart outparcel with lease in place.
Where is this bank located?
The property is located at 3225 Old Forest Rd. Lynchburg Lynchburg, VA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Located on a Walmart Supercenter Outparcel; Existing lease in place until March 2026; High visibility at a signalized intersection
More about this property
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