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Freestanding Single-Story Office Building
For Sale
$399,900

7609 Timberlake Road, Lynchburg, VA 24502

Commercial/Indust, Lynchburg, VA

Property Size1,120 SF
Lot Size0.39 Acres
Price / SF$357.05
Days on Market93

Property Features for 7609 Timberlake Road

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Timberlake Commercial Corridor
Directions GPS accurate.
Standard status Active
APN 25411003
Size 1,120 SF
Lot size 0.39 Acres

Taxes and HOA fees

Tax Description ROUNDELAY 1721
Legal Description ROUNDELAY 1721

Building Details

Year built 1955
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: Stephen J Acree
Added: Jul 21 Changed: Oct 17 Last Checked: Oct 21 at 8:06AM
MLS# 368011

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.

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Investment Insights

Based on property information with market context.

Freestanding office building at 7609 Timberlake Road in Lynchburg, Virginia. The single-story property was built in 1955 and has been updated with a new roof, windows, kitchen, bathroom, refinished floors, and fresh interior and exterior paint.

The building is positioned along the Timberlake Road corridor in Lynchburg, near established retail and service businesses. Its configuration supports professional office, service, or administrative use, providing a practical setting for an owner-user or investor.

Key Highlights

  • Single‑story freestanding office building built in 1955
  • New roof and windows
  • Updated kitchen and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,934
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,680 $338.7K
Cap Rate 7%
$241,914 $241.9K
Cap Rate 9%
$188,156 $188.2K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$23.5K $21.00/SF
− Vacancy
−$941 −$0.84/SF
EGI
$22.6K $20.16/SF
− OpEx
−$5.6K −$5.04/SF
NOI
$16.9K $15.12/SF
Area
Lynchburg County, VA
Vacancy
4.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,680
Cap Rate 7%
$241,914
Cap Rate 9%
$188,156

Alternative Uses

Best Use
Office B
$241.9K
$211.7K – $282.2K (±1% cap)
NOI $16,934 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.8K
$290.3K – $387.1K (±1% cap)
NOI $23,224 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Building Supply Pharmacy Big Box & Wholesale Store Auto Parts Store HVAC Service

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

393
Businesses Nearby

Demographics for 24502, VA

41,058
Population
18,576
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
92%
High-School Grad
29.9 sq mi
ZIP Area
1,373
Density / Sq Mi
$66,027
Median Household Income
$35,923
Median Earnings
$1,166
Median Rent
$214,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Renovated freestanding office property with updated building systems and visibility along Timberlake Road.
Where is this office building located?
The property is located at 7609 Timberlake Road Lynchburg, VA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Single‑story freestanding office building built in 1955; New roof and windows; Updated kitchen and bathroom
More about this property
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