Property profile

7916 Timberlake Rd Lynchburg, VA 24502

OFF-MARKET
Community centers
Property ID
US87-1706983
1,112 SF 0.71 ac lot Built 2023
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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 profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2023
Total area 1,112 SF
Lot 0.71 ac (30,884 SF)
Zoning code B3
APN 254 13 022
UPID US87-1706983

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7916 Timberlake Rd Lynchburg, VA 24502-2604
Lynchburg metro Census 1602 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$215k

Owner & transaction history

since 2017
4 recorded transactions
2025
Price N/A
2018
Price N/A
2017
$250,000
2006
Price N/A

Zoning & alternative use

B3 · Lynchburg, VA
Zoning description

The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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