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    2600 Memorial Ave Lynchburg, VA 24501

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Office Suites, 1163 sq ft, VA

    Lot size:
    1,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional sublease opportunity in Lynchburg, Virginia presents two prime office suites (101 & 102) totaling 1,163 square feet of usable space within a well-maintained building at 2600 Memorial Ave, Lynchburg, VA 24501. The space includes 236 square feet of shared common area, encompassing restrooms and a conference room, providing convenient amenities for tenants. The suites boast recently installed luxury vinyl flooring throughout. Currently configured with cubicles, these can be easily removed or retained to suit the tenant's needs, offering flexibility in layout. The sublease term extends until January 31, 2028, providing long-term stability. A significant advantage is the inclusion of utilities in the rental cost

    Property Features for 2600 Memorial Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,400 SF

    Unit(s) available at that property

    Space
    Suite 101 & 102
    Size
    1,400 SF
    Rate per SF
    $15

    HighLights

    • On‑site shared conference room available.
    • Utilities included in rent.
    • Dedicated parking directly in front of the suite.
    • Open floor plan layout.
    • Existing cubicles can be removed or remain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mark T Stewart ... Attorney Virginia Job Corporation Employment Center CHANCE TV Store Creative Family Solutions ... Mental Health Service Dominion Day Services Mental Health Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.1678601
    Latitude
    37.4004959

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Suites, 1163 sq ft, VA
    Where is this office property / space located?
    The property is located at 2600 Memorial Ave Lynchburg, VA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: On-site shared conference room available.; Utilities included in rent.; Dedicated parking directly in front of the suite.
    Request Owner's contact information
    2600 Memorial Ave Lynchburg, VA 24501
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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
    2600 Memorial Ave Lynchburg, VA 24501
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