Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

103 Hexham Dr Lynchburg, VA 24502-3012

  • Retail space
  • 2,356 SF
  • 0.03 lot acres
OFF-MARKET
Value Estimations
$380,000
Show details
Cap Rate Potential
9.7%
Retail space
Location Intelligence
Property ID
US87-1456845
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

  • Bliss Salon / Beauty Salon

Property Details for 103 Hexham Dr

Year built
2005
Lot size
0.03 lot acres
Property size
2,356 SF
Zone code
R2C
Property type
Retail space
APN
250 16 005
APU
25016005

Description

103 Hexham Drive presents a fantastic opportunity to lease a 1,200 square foot office space, ideally situated on the second floor within the sought-after Wyndhurst Development. This single-tenant office boasts a traditional layout, perfect for a variety of businesses seeking a convenient and accessible location. The property is zoned R-2C, allowing for flexibility in its use. Its prime location offers unparalleled convenience, with easy walking access to a vibrant array of local businesses, restaurants, and coffee shops, enhancing both employee and client experiences. The building features ample common area parking, ensuring convenient parking for tenants and visitors. This 1,200 square foot space provides a comfortable and productive work environment, ready for immediate occupancy. The property's location within the Wyndhurst Development offers a blend of professional atmosphere and convenient access to amenities, making it an attractive option for businesses seeking a thriving and well-connected location. The traditional office layout provides a classic and functional workspace, adaptable to various business needs. This is a rare opportunity to secure a well-located, single-tenant office space in a desirable development. The R-2C zoning provides flexibility for potential future uses. Don't miss this chance to establish your business in a thriving and convenient location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $295,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $475,000
    6.5%
    $440,000
    7%
    $410,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $393,000
    Market price range: $186k - $558k
    AI Estimate
    $261,000
    Market price range: $127k - $363k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $385,000
    Current use
    AUTO REPAIR, GARAGE
    $480,000
    Change: +25% Conversion: Difficult
    MEDICAL BUILDING
    $420,000
    Change: +10% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $365,000
    Change: -5% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Lynchburg
County
Lynchburg City
State
Virginia
Longitude
-79.2403
Latitude
37.3558
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
$2,585
$60,500
$229,900
$290,400
-
$60,500
$229,900
$290,400
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message