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    2860 Linkhorne Dr Lynchburg, VA 24503

    Sponsored
    For Sale
    $395,000

    11.5-acre commercial lot, prime Lynchburg location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11.5-acre commercial land parcel presents a unique investment opportunity in Lynchburg, Virginia. Located at 2860 Linkhorne Drive, this property boasts approximately 375 feet of frontage on Linkhorne Drive and enjoys a highly desirable location. Its proximity to the Forest Hills Shopping Center provides immediate access to a thriving retail environment, and the property adjoins the shopping center itself. Nearby businesses include a diverse range of establishments such as Convergys, Dollar General, Comcast, MedExpress, McDonald's, CVS, and Kings Island, among others. The strategic positioning between Lynchburg General Hospital and Virginia Baptist Hospital further enhances its appeal. The site is nicely wooded and offers significant development potential. Public water and sewer services are readily available, simplifying infrastructure needs. The asking price for this exceptional property is $395,000. This 11.5-acre lot in Lynchburg, VA (zip code 24503) presents a compelling opportunity for commercial development in a high-traffic area with established infrastructure and strong surrounding businesses. The property's size and location make it ideal for a variety of commercial uses.

    Property Features for 2860 Linkhorne Dr

    General Information

    Property type
    Land
    Lot Size
    500,940 SF

    HighLights

    • 11.5‑acre commercial land parcel in Lynchburg, VA.
    • 375 feet of frontage on Linkhorne Drive, adjacent to Forest Hills Shopping Center.
    • High‑traffic location near Lynchburg General and Virginia Baptist Hospitals, plus numerous retail businesses.
    • Public water and sewer available; wooded site with significant development potential.
    • Asking price: $395,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -79.202116
    Latitude
    37.41843

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    FAQs

    What type of property is this?
    Land - 11.5-acre commercial lot, prime Lynchburg location.
    Where is this land located?
    The property is located at 2860 Linkhorne Dr Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 11.5-acre commercial land parcel in Lynchburg, VA.; 375 feet of frontage on Linkhorne Drive, adjacent to Forest Hills Shopping Center.; High-traffic location near Lynchburg General and Virginia Baptist Hospitals, plus numerous retail businesses.
    (434) 455-2285
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    2860 Linkhorne Dr Lynchburg, VA 24503
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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
    2860 Linkhorne Dr Lynchburg, VA 24503
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