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    117 Northwynd Cir Lynchburg, VA 24502

    For Sale
    $699,000

    Two buildings, 4750 sq ft, prime location.

    Property size:
    4,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This Lynchburg, VA property offers a unique investment opportunity with two adjacent buildings totaling 4,750 square feet within the Wyndhurst Development. Building A, a fully finished 2004-built traditional office space, boasts a complete layout including a kitchen, two restrooms (one with a shower), a waiting area, a second-floor gallery with ample workspace, a private office, and a three-quarter bathroom. Building B presents an unfinished shell, providing flexibility for various uses and customization to suit specific business needs. The property is zoned R-2C and features the APN 25020004. Located at 117 Northwynd Cir, Lynchburg, VA 24502 (37.35933808411436, -79.24011399785412), this property benefits from high visibility and proximity to a diverse range of retail, office, and residential establishments, ensuring convenient access and strong potential for attracting clientele. The asking price for this exceptional dual-building property is $699,000.

    Property Features for 117 Northwynd Cir

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,750 SF

    Building Details

    Year Built
    2004

    HighLights

    • $699,000 asking price for a 4,750 square foot office building.
    • Located at 117 Northwynd Cir, Lynchburg, VA 24502.
    • Built in 2004, zoned R‑2C, APN 25020004.
    • Features two buildings: one fully built‑out as commercial office space with kitchen, restrooms, and multiple office areas; the other is an unfinished shell.
    • Excellent visibility and proximity to retail, office, and residential buildings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Christian Action Network Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.240113997854
    Latitude
    37.359338084114

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    FAQs

    What type of property is this?
    Office Property / Space - Two buildings, 4750 sq ft, prime location.
    Where is this office property / space located?
    The property is located at 117 Northwynd Cir Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: $699,000 asking price for a 4,750 square foot office building.; Located at 117 Northwynd Cir, Lynchburg, VA 24502.; Built in 2004, zoned R-2C, APN 25020004.
    Request Owner's contact information
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    Lynchburg, VA 24502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 Northwynd Cir Lynchburg, VA 24502
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