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    400 5Th St Lynchburg, VA 24504

    For Sale
    Contact for pricing

    High-visibility retail space, divisible, ample parking.

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail property, located at 400 5th St & Court St in Lynchburg, Virginia (zip code 24504), offers up to 14,000 square feet of versatile commercial space. The property boasts excellent frontage and high visibility, ensuring maximum exposure for your business. The site is conveniently situated in Lynchburg City County, offering easy access for customers and employees. A significant advantage is the availability of on-site parking, a valuable amenity for both customers and staff. The space is highly adaptable and can be divided to suit the specific needs of various tenants, making it an ideal location for a range of retail businesses. The property's prime location and flexible layout present a unique opportunity for businesses seeking a prominent presence in a thriving Lynchburg market. With its combination of size, visibility, parking, and divisibility, this retail space represents a compelling investment opportunity. The latitude and longitude coordinates are 37.4168045 and -79.1471365 respectively. Contact us today to learn more about this outstanding retail property.

    Property Features for 400 5Th St

    General Information

    Property type
    Retail properties
    Square Feet
    14,000 SF

    HighLights

    • 14,000 SF of versatile retail space at 400 5th St & Court St, Lynchburg, VA 24504.
    • Excellent frontage and high visibility in Lynchburg City County.
    • Ample on‑site parking.
    • Highly divisible space to accommodate various tenants.
    • Prime location in a thriving Lynchburg market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cosmopolitan Barber Shop School

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -79.1471365
    Latitude
    37.4168045

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space, divisible, ample parking.
    Where is this retail property located?
    The property is located at 400 5Th St Lynchburg, VA.
    What are key features of this property?
    This property features: 14,000 SF of versatile retail space at 400 5th St & Court St, Lynchburg, VA 24504.; Excellent frontage and high visibility in Lynchburg City County.; Ample on-site parking.
    Request Owner's contact information
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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
    400 5Th St Lynchburg, VA 24504
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