Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    225 Simons Run Lynchburg, VA 24502

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Lynchburg location, 48 acres, restaurant-ready.

    Property size:
    7,535 SF

    Property Features for 225 Simons Run

    General Information

    Property type
    Land
    Square Feet
    7,535 SF
    Lot Size
    2,090,880 SF

    We can help!

    Listing Contact
    Ellen Long
    Ellen Long

    Listing Agency: Taylor Long Properties Listing Agent: Ellen Long

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 48-acre commercial land parcel, totaling 7,535 square feet, presents a remarkable investment opportunity in Lynchburg, Virginia. Located at 225 Simons Run, 24502, this pad-ready site boasts excellent visibility and frontage on Simons Run, directly across from Wards Crossing West and CarMax. Its prime location within Lynchburg's thriving shopping district, situated on a major commercial corridor, ensures high traffic and visibility. The property benefits from its proximity to Liberty University, the world's largest Christian university with over 100,000 students, and is adjacent to the Tru by Hilton hotel. Furthermore, its close proximity to a proposed 48-acre Centra Health medical facility adds significant long-term value. The site plan is already approved, allowing for immediate commencement of construction. This is an ideal opportunity for a restaurant or similar commercial development seeking a high-traffic, high-visibility location in a rapidly growing area. The asking price is $1,200,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ross Dress for Less Clothing & Fashion Store Kohl's Department Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Campbell
    State
    Virginia
    Longitude
    -79.1938245
    Latitude
    37.3436073

    Nearby Similar for Sale

    • $1,100,000
      7,675 SF

      Redeveloped Office Building For Sale

      Three-story office building in high-traffic Lynchburg corridor.
      5200 Fort Ave, Lynchburg, VA 24502
      View Details
    • $695,000
      3,200 SF

      Retail or Office Space Available

      Retail or professional/office space with unlimited potential.
      10925 Richmond Hwy, Lynchburg, VA 24504
      View Details
    • $355,000
      0.05 Acres

      Lynchburg Office Property For Sale

      3,600 SF office property configured for two tenants.
      2250 Murrell Rd, Lynchburg, VA 24501
      View Details
    • $369,000
      0.09 Acres

      Rivermont Historic District Commercial Storefront

      Commercial storefront in Lynchburg's Rivermont historic district with ample office space.
      1214 Rivermont Ave, Lynchburg, VA 24504
      View Details
    • $175,000
      14,000 SF

      Lynchburg Warehouse Redevelopment Opportunity

      Circa 1878 warehouse for redevelopment in downtown Lynchburg.
      29 Cabell St, Lynchburg, VA 24504
      View Details
    • $1,250,000
      6,215 SF

      Lynchburg Commercial Property For Sale

      Thriving commercial property with a large building and ample parking.
      4001 Murray Pl, Lynchburg, VA 24501
      View Details
    • $205,000
      4,500 SF

      Commercial Property in High-Traffic Area

      Thriving storefront with storage, remodeled bathroom, suitable for retail/office.
      5218 Fort Ave, Lynchburg, VA 24502
      View Details
    • $1,300,000
      24,508 SF

      Downtown Commercial Building on Main

      Prominent mixed-use building with high visibility and redevelopment potential.
      1026 Main St, Lynchburg, VA 24504
      View Details
    • $2,900,000
      45,000 SF

      Historical Tobacco Warehouse Opportunity

      Spacious warehouse in Downtown Lynchburg with development potential.
      107 13Th St, Lynchburg, VA 24504
      View Details
    • $599,900
      2,599 SF

      Lynchburg Commercial Property For Sale

      Versatile commercial property with office and residential income potential.
      155 Laxton Rd, Lynchburg, VA 24502
      View Details
    • $399,000
      2,276 SF

      Lynchburg Duplex with Recent Upgrades

      Well-maintained duplex near Liberty University with new exterior and systems.
      148 Edgewood Dr, Lynchburg, VA 24502
      View Details
    • $1,100,000
      10,692 SF

      Lynchburg Multifamily Investment Opportunity

      Well-maintained 12-unit multifamily property in Lynchburg, generating positive cash flow.
      1200 Liggates Rd, Lynchburg, VA 24502
      View Details

    FAQs

    What type of property is this?
    Land - Prime Lynchburg location, 48 acres, restaurant-ready.
    Where is this land located?
    The property is located at 225 Simons Run Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Restaurant pad site, ready for immediate construction.; Site plan approved, construction can commence immediately.; High visibility location on Simons Run, across from Wards Crossings West and CarMax.
    (804) 864-9788 Call to check price and availability
    Request Owner's contact information
    225 Simons Run Lynchburg, VA 24502
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    225 Simons Run
    Lynchburg, VA 24502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    225 Simons Run Lynchburg, VA 24502
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ellen Long
    Ellen Long
    Real Estate License ID: 0225090856
    (804) 864-9788 (804) 539-7793
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!