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    22111 Timberlake Rd Lynchburg, VA 24502

    Sponsored
    For Sale
    $425,000

    High-visibility retail/office land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.08-acre commercial pad site presents a remarkable investment opportunity in Lynchburg, Virginia. Located at 22111 Timberlake Road (US 460 Business), this property boasts significant road frontage at a newly signalized intersection, ensuring high visibility and accessibility. The site is ideally positioned in front of a 200-unit townhouse development and a Walmart Neighborhood Market, guaranteeing a substantial customer base and high traffic volume. Zoned B-GC, this lot is suitable for a variety of retail or office developments. County water and sewer services are readily available, simplifying the development process. Furthermore, the site has already been graded, reducing upfront development costs and expediting construction timelines. This prime location, coupled with its convenient amenities and strategic placement, makes this property an exceptional investment opportunity for developers seeking a high-impact commercial venture in a thriving Lynchburg market. The asking price is $425,000. The property's address is 22111 Timberlake Road, Lynchburg, VA 24502.

    Property Features for 22111 Timberlake Rd

    General Information

    Property type
    Land
    Lot Size
    47,045 SF

    HighLights

    • 1.08‑acre commercial pad site in Lynchburg, VA, at 22111 Timberlake Road (US 460 Business).
    • High visibility due to significant road frontage at a newly signalized intersection.
    • Prime location in front of a 200‑unit townhouse development and a Walmart Neighborhood Market.
    • B‑GC zoning allows for various retail or office developments.
    • County water and sewer available; site is already graded.
    • Asking price: $425,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.2564356
    Latitude
    37.3223967

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    FAQs

    What type of property is this?
    Land - High-visibility retail/office land, prime location.
    Where is this land located?
    The property is located at 22111 Timberlake Rd Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 1.08-acre commercial pad site in Lynchburg, VA, at 22111 Timberlake Road (US 460 Business).; High visibility due to significant road frontage at a newly signalized intersection.; Prime location in front of a 200-unit townhouse development and a Walmart Neighborhood Market.
    Request Owner's contact information
    22111 Timberlake Rd Lynchburg, VA 24502
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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
    22111 Timberlake Rd Lynchburg, VA 24502
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