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    Property profile & analytics
    FOR SALE
    Retail space

    1110 Campbell Ave, Lynchburg, VA 24501

    2,226 SF 0.5 ac lot Built 1960
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US87-1752027
    Property summary
    AI-generated overview

    This exceptional storefront property, located at 1110 Campbell Avenue in Lynchburg, Virginia, presents a unique investment opportunity. The 2,230 square foot building sits on a half-acre lot and boasts a convenient drive-through, ideal for a variety of retail or small office uses. Completely renovated in 2021, this single-story structure is zoned B-5, offering flexibility for diverse business ventures. Its prime location in the desirable Miller Park area ensures high visibility and accessibility, attracting significant foot and vehicle traffic. The asking price is $525,000. This property offers a compelling combination of modern amenities, a strategic location, and ample space, making it an attractive proposition for discerning investors seeking a strong return on investment in a thriving Lynchburg market. The property's size and zoning provide significant potential for growth and adaptation to various business models. Don't miss this chance to acquire a well-maintained, high-traffic commercial property in a sought-after Lynchburg neighborhood. The property's recent renovation ensures immediate occupancy and minimal upfront investment in repairs or upgrades. This is a turnkey opportunity to establish or expand a business in a vibrant and growing community.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1960
    Total area 2,226 SF
    Lot 0.5 ac (21,780 SF)
    Zoning code B5
    APN 027 08 002
    UPID US87-1752027
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • MY MMJ Doctor | Virginia Medical Marijuana Card | 420 Evaluations Online Alternative Medicine Practice
    • Christ Temple Bible Way Church
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Damascus Ventures LLC · 5 yrs held
    Damascus Ventures LLC
    since 2021
    Last sale
    $325,000
    3 recorded transactions
    2021
    $325,000
    2021
    $300,000
    2010
    Zoning & alternative use
    B5 · Lynchburg, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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