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    22101 Timberlake Rd Lynchburg, VA 24551

    For Sale
    $425,000

    1.08-acre lot, prime business location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.08-acre parcel of land presents a remarkable investment opportunity in Forest, Virginia. Strategically located at 22101 Timberlake Road (US 460 Business), this property boasts significant road frontage at a newly signalized intersection. Its prime location is directly across from a recently constructed 200-unit townhouse development and a new Walmart Neighborhood Market, ensuring high visibility and substantial foot traffic. The lot is already graded, simplifying development and reducing upfront costs. Furthermore, county water and sewer services are readily available, eliminating the need for costly infrastructure investments. This ready-to-develop site is zoned for business use, making it ideal for a wide range of commercial ventures. The asking price for this exceptional property is $425,000. Given its location, infrastructure access, and zoning, this land offers significant potential for substantial return on investment. The property's address is 22101 Timberlake Road, Forest, VA 24551. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing area.

    Property Features for 22101 Timberlake Rd

    General Information

    Property type
    Land
    Lot Size
    47,045 SF
    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
    -79.2543709
    Latitude
    37.3233193

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    FAQs

    What type of property is this?
    Land - 1.08-acre lot, prime business location.
    Where is this land located?
    The property is located at 22101 Timberlake Rd Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $425,000.
    Request Owner's contact information
    22101 Timberlake Rd Lynchburg, VA 24551
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    Lynchburg, VA 24551
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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
    22101 Timberlake Rd Lynchburg, VA 24551
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