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    2815 Linkhorne Dr Lynchburg, VA 24503

    For Sale
    $825,000

    Prime Lynchburg Office, 4,225 SF, High Visibility

    Property size:
    4,225 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,225 square foot office building presents a compelling investment opportunity in Lynchburg, Virginia. Located at 2815 Linkhorne Drive, this traditional office space boasts a highly visible corner lot with convenient access from both Old Forest Road and Linkhorne Drive. The property's versatile layout allows for multiple uses, including three individual office units or a combination of owner-occupied space and tenant occupancy. Built in 1987, the building has been well-maintained, with a new roof installed in 2012 and the cupola recently replaced in 2023. Its strategic location across from the Forest Hill Shopping Center and near numerous medical and retail businesses ensures high traffic and visibility, making it an ideal location for a variety of businesses. The property is zoned B-1, offering flexibility for various commercial uses. This is a rare opportunity to acquire a well-positioned, updated office building in a thriving Lynchburg commercial area. The asking price is $825,000. This property offers significant potential for both income generation and appreciation.

    Property Features for 2815 Linkhorne Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,225 SF

    Building Details

    Year Built
    1987

    HighLights

    • $825,000 asking price for a 4,225 square foot office building.
    • Traditional office building built in 1987.
    • Located at 2815 Linkhorne Dr, Lynchburg, VA 24503, on a signalized corner lot with dual street access.
    • B‑1 zoning.
    • Features a new roof (2012) and recently replaced cupola (2023).
    • Excellent location near Forest Hill Shopping Center and medical/retail businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Advance Foot Center ... Podiatrist Charlotte Timber Co ... Lumber Store Grace Care Llc Medical Equipment Supplier Blue Ridge Financial ... Financial Planner

    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
    -79.203101177121
    Latitude
    37.415711485234

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Lynchburg Office, 4,225 SF, High Visibility
    Where is this office property / space located?
    The property is located at 2815 Linkhorne Dr Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: $825,000 asking price for a 4,225 square foot office building.; Traditional office building built in 1987.; Located at 2815 Linkhorne Dr, Lynchburg, VA 24503, on a signalized corner lot with dual street access.
    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
    2815 Linkhorne Dr Lynchburg, VA 24503
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