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    3225 Old Forest Rd Lynchburg, VA 24501

    For Sale
    $975,000

    High-Visibility Office & Land, VA

    Property size:
    2,882 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 2,882 square foot office building situated on a 0.53-acre lot in Lynchburg, Virginia. The property boasts a prime location on Old Forest Road, directly fronting the street and benefiting from high visibility and traffic counts. Its strategic placement as a Walmart Supercenter outparcel at a signalized intersection ensures significant exposure to a large customer base. The property includes convenient shared parking with Walmart, a drive-thru, and multiple points of access for easy ingress and egress. Its proximity to Route 501 further enhances its accessibility and desirability. The building currently has a lease in place, providing a steady income stream until March 2026. This presents a compelling opportunity for investors seeking a well-located, income-producing asset in a thriving commercial area with numerous surrounding retail establishments, restaurants, and offices. The asking price for this exceptional property is $975,000. This is a rare chance to acquire a property with such strong fundamentals in a desirable Lynchburg location. The property is classified as both Office and Land, offering flexibility for future development or continued operation as a commercial space. The zip code is 24501.

    Property Features for 3225 Old Forest Rd

    General Information

    Property type
    Land
    Square Feet
    2,882 SF
    Lot Size
    23,087 SF

    HighLights

    • 2,882 SF office building on a 0.53‑acre lot in Lynchburg, VA.
    • Prime Old Forest Road location with high visibility and traffic counts.
    • Walmart Supercenter outparcel at a signalized intersection, offering excellent exposure.
    • Shared parking with Walmart, drive‑thru, and multiple access points.
    • Lease in place until March 2026, providing stable income.
    • Asking price: $975,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tobacco Hut and Vape Tobacco Shop

    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
    -79.2117617
    Latitude
    37.4120456

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    FAQs

    What type of property is this?
    Land - High-Visibility Office & Land, VA
    Where is this land located?
    The property is located at 3225 Old Forest Rd Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 2,882 SF office building on a 0.53-acre lot in Lynchburg, VA.; Prime Old Forest Road location with high visibility and traffic counts.; Walmart Supercenter outparcel at a signalized intersection, offering excellent exposure.
    Request Owner's contact information
    3225 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
    3225 Old Forest Rd Lynchburg, VA 24501
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