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    7916 Timberlake Rd Lynchburg, VA 24502

    For Lease
    Contact for pricing

    Lynchburg, VA Office Space Available

    Lot size:
    4,252 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A commercial property, located at 7916-8000 Timberlake Road in Lynchburg, Virginia (zip code 24502), offers 4,252 square feet of vacant space in two buildings, built in 2022. The property is ideally situated along Timberlake Road, a high-traffic area with an average daily traffic count of 32,000 vehicles. The space is divisible to a minimum of 952 square feet and offers a maximum contiguous space of 3,300 square feet, making it suitable for a variety of businesses. This retail and office space benefits from its prime location near major transportation arteries, including quick access to highways 501, 460, and 29, and is only 15 minutes from Lynchburg's downtown area and 10 minutes from Liberty University's expansive campus. The property enjoys a strong surrounding residential base, with 270 luxury residential units either completed or under construction directly behind the development, sharing a common entrance. Furthermore, the property is part of a thriving commercial development, boasting neighboring tenants such as Dunkin', Chipotle, First Watch, Jersey Mike's, VA ABC, Sheetz, and Valvoline. A high-volume Kroger grocery store is conveniently located across the street, along with other national and regional retailers. The property is also less than four miles (a ten-minute drive) from Lynchburg Regional Airport. This presents a unique opportunity for businesses seeking a high-visibility location with excellent access to transportation, amenities, and a strong residential and student population.

    Property Features for 7916 Timberlake Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,252 SF
    Class
    A

    Building Details

    Year Built
    2022
    Buildings
    2

    Unit(s) available at that property

    Space
    2-3 tenant retail building
    Size
    3,300 SF

    HighLights

    • 3,300 SF of retail space available, divisible to suit tenant needs.
    • Recently signed lease with Dunkin' Donuts.
    Property Profile Insight Report 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 City
    State
    Virginia
    Longitude
    -79.228572
    Latitude
    37.3504944

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    FAQs

    What type of property is this?
    Office Property / Space - Lynchburg, VA Office Space Available
    Where is this office property / space located?
    The property is located at 7916 Timberlake Rd Lynchburg, VA.
    What are key features of this property?
    This property features: 3,300 SF of retail space available, divisible to suit tenant needs.; Recently signed lease with Dunkin' Donuts.;
    Request Owner's contact information
    7916 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
    7916 Timberlake Rd Lynchburg, VA 24502
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