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Property profile & analytics
FOR SALE
Retail space

117 Northwynd Cir Lynchburg, VA 24502

2,470 SF 0.06 ac lot Built 2004
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US87-1714487
Property summary
AI-generated overview

This exceptional Lynchburg investment opportunity presents two adjacent buildings totaling 2,250 square feet on a 0.06-acre lot within the desirable Wyndhurst Development. Building A is a fully finished commercial office space, meticulously designed for optimal functionality and comfort. Features include a well-equipped kitchen, two restrooms (one with a full shower), a welcoming waiting room, and a unique second-floor gallery space offering a large workspace and a private office, complemented by a 3/4 bathroom. This building is move-in ready and ideal for a variety of professional uses. Building B offers a blank canvas, an unfinished shell space ready for customization to suit a wide range of business needs. Its adaptability makes it perfect for expansion of the existing office space, or an entirely separate venture. The property boasts excellent visibility, ensuring high traffic and exposure. Its strategic location within Wyndhurst places it within easy walking distance of a diverse mix of retail establishments, other office spaces, and residential areas, providing convenient access to amenities and a strong potential customer base. This dual-building property presents a rare opportunity to acquire a turnkey office space alongside a highly versatile shell building, offering significant potential for growth and return on investment in a thriving Lynchburg neighborhood. The asking price for this unique property is $699,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Total area 2,470 SF
Lot 0.06 ac (2,701 SF)
Zoning code R2C
APN 250 20 004
UPID US87-1714487
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
  • Christian Action Network Charitable Organization Social Service Agency
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
Christian Action Network · 11 yrs held
Christian Action Network
since 2014
1 recorded transaction
2014
$317,000
Zoning & alternative use
R2C · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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