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Property profile & analytics

112 Hexham Dr Lynchburg, VA 24502-3011

  • Retail space
  • 1,250 SF
  • 0.03 lot acres
OFF-MARKET
Value Estimations
$265,000
Show details
Cap Rate Potential
5.6%
Retail space
Location Intelligence
Property ID
US87-1630612
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turning Headz Salon / Beauty Salon
  • Chera Turner at Turning Headz Salon / Hair Salon / Hair Care
  • Karlise In Home Care / Home Health Care Service
  • Blue Ridge Title Services, LLC / Title Company

Property Details for 112 Hexham Dr

Year built
2004
Lot size
0.03 lot acres
Property size
1,250 SF
Zone code
R2C
Property type
Retail space
APN
250 17 016
APU
25017016

Description

This exceptional 1,250 square foot office space, situated in the desirable Town Center of Wyndhurst, offers a blend of functionality and convenience. Built in 2004, this single-story building boasts a main floor layout with no steps, ensuring easy accessibility. The space currently features 625 square feet of vacant area, ideal for immediate occupancy. Previously configured as a salon and then an insurance office, the layout is adaptable to various business needs. It includes a private office and a large open area suitable for shared workspaces, accommodating 2-3 desks comfortably. Ample public parking is available both in front and behind the building. The property is strategically located, just two miles from Timberlake Road and Route 221, and less than ten minutes from Liberty University. Downtown Lynchburg is a convenient nine-minute drive. The building is served by AEP power and features zoning designated as R-2C. Parking accommodates 25-35 vehicles. The property is categorized as Executive Office, Creative Office, and Coworking space, making it suitable for a variety of businesses. The building is a beautiful brick structure. This location offers easy access to major roadways and is within close proximity to a vibrant community. The property is located in the Lynchburg, Liberty University, Cornerstone, Wyndhurst, and Forest submarket cluster. This is a rare opportunity to secure a well-located, adaptable office space in a thriving area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $255,000
    6.5%
    $235,000
    7%
    $215,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $264,000
    Market price range: $98.8k - $296k
    AI Estimate
    $175,000
    Market price range: $67.5k - $193k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lynchburg
County
Lynchburg City
State
Virginia
Longitude
-79.2396
Latitude
37.3561
CBSA code
31340
CBSA name
LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,736
$58,500
$136,500
$195,000
-
$58,500
$136,500
$195,000
More about this property
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