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    7521 Timberlake Rd Lynchburg, VA 24502

    For Sale
    $140,000

    1.1-Acre B-1 Zoned Lot, Timberlake Road

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land offering presents a prime investment opportunity in Lynchburg, Virginia. Located on the westbound lane of Timberlake Road (Rt. 460 Business), approximately 220 feet east of Roundelay Circle, this property boasts high visibility and accessibility. Comprising two contiguous lots totaling 1.1 acres, it offers 213 feet of frontage on this major thoroughfare. The property is zoned B-1, allowing for a variety of commercial uses. This versatile parcel presents significant potential for development, with the option to purchase the entire 1.1-acre tract for $140,000 or individual lots for $75,000 each. The location within the bustling Lynchburg City area ensures strong potential for return on investment. The address is 7521 & 7525 Timberlake Road, Lynchburg, VA 24502. This is a rare opportunity to acquire a strategically located commercial property in a thriving market. Don't miss out on this chance to secure a piece of Lynchburg's commercial landscape. The property's convenient location and B-1 zoning make it ideal for a wide range of commercial ventures. Act quickly to capitalize on this exceptional investment opportunity.

    Property Features for 7521 Timberlake Rd

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • $140,000 asking price for two combined lots.
    • 1.1‑acre commercial land parcel.
    • Located at 7521 & 7525 Timberlake Road, Lynchburg, VA 24502.
    • B‑1 zoning.
    • 213 feet of frontage on Timberlake Road (Rt. 460 Business).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -79.2208349
    Latitude
    37.356833

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    FAQs

    What type of property is this?
    Land - 1.1-Acre B-1 Zoned Lot, Timberlake Road
    Where is this land located?
    The property is located at 7521 Timberlake Rd Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: $140,000 asking price for two combined lots.; 1.1-acre commercial land parcel.; Located at 7521 & 7525 Timberlake Road, Lynchburg, VA 24502.
    (434) 455-2285
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    7521 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
    7521 Timberlake Rd Lynchburg, VA 24502
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