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    3806 Old Forest Rd Lynchburg, VA 24501

    For Sale
    Contact for pricing

    Prime Lynchburg commercial lot, B-3 zoning. High visibility, strong demographics.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 1.64-acre commercial land parcel presents a unique investment opportunity in Lynchburg, Virginia. Located at a highly visible corner on Old Forest Road (33,000 vehicles per day), this property boasts a strategic location near popular retail establishments such as Starbucks and Fresh Market, within the Lakeside Crossing area. The B-3 zoning allows for a wide range of commercial uses, making it ideal for developers seeking a high-traffic location with strong surrounding demographics. The property's prominent corner location at a signalized intersection ensures maximum visibility and accessibility. Its proximity to Lakeside Crossing further enhances its appeal, providing convenient access to a thriving retail and commercial hub. This rapidly expanding growth area offers significant potential for future appreciation, making this 1.64-acre lot an attractive investment for discerning buyers. The address is 3806-3810 Old Forest Road, Lynchburg, VA 24501.

    Property Features for 3806 Old Forest Rd

    General Information

    Property type
    Land
    Lot Size
    71,438 SF

    HighLights

    • Rapidly expanding growth area in Lynchburg, VA.
    • Highly visible corner lot on Old Forest Road (33,000 VPD).
    • Conveniently located near Lakeside Crossing and major retailers.
    • Signalized intersection for optimal visibility and accessibility.
    Property Profile 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
    -79.223222037706
    Latitude
    37.400204097777

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    FAQs

    What type of property is this?
    Land - Prime Lynchburg commercial lot, B-3 zoning. High visibility, strong demographics.
    Where is this land located?
    The property is located at 3806 Old Forest Rd Lynchburg, VA.
    What are key features of this property?
    This property features: Rapidly expanding growth area in Lynchburg, VA.; Highly visible corner lot on Old Forest Road (33,000 VPD).; Conveniently located near Lakeside Crossing and major retailers.
    Request Owner's contact information
    3806 Old Forest Rd Lynchburg, VA 24501
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    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
    3806 Old Forest Rd Lynchburg, VA 24501
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