Freestanding Single-Story Office
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 Market47
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
(434) 534-9113
Listed By:
Stephen J Acree · License #0225225687
(434) 401-6785
Added: Jul 21
Changed: Sep 2
Last Checked: Sep 5 at 6:06AM
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.
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,934
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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
NOI $23,224 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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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
