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    2412 Marsh St Lynchburg, VA 24501

    For Sale
    $175,000

    5,360 SF Industrial Flex Building, Lynchburg, VA

    Property size:
    5,360 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This versatile 5,360-square-foot industrial flex building, located at 2412 Marsh Street in Lynchburg, Virginia, presents a unique investment opportunity. Built in 1967 and situated on a convenient lot just off Fort Avenue, the property boasts a flexible layout ideal for a variety of commercial uses. The building features a substantial 2,144-square-foot warehouse area, complete with a 10' x 12' roll-up door, a mezzanine for added storage, radiant heating, and a restroom with a shower. In addition, there's a well-appointed 908-square-foot office space including a reception area, kitchenette, and an ADA-compliant restroom. Approximately 1,280 square feet of additional storage space is also available. The property is zoned B-5, allowing for adaptable use to suit diverse business needs. The asking price is $175,000. The property's APN is 01109019. This prime Lynchburg location and flexible space make this an attractive option for entrepreneurs and investors alike. The property's zip code is 24501.

    Property Features for 2412 Marsh St

    General Information

    Property type
    Flex space
    Square Feet
    5,360 SF

    Building Details

    Year Built
    1967
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.162697606909
    Latitude
    37.400501662021

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    FAQs

    What type of property is this?
    Flex space - 5,360 SF Industrial Flex Building, Lynchburg, VA
    Where is this flex space located?
    The property is located at 2412 Marsh St Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $175,000.
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    2412 Marsh St 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
    2412 Marsh St Lynchburg, VA 24501
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