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20936 Timberlake Rd Lynchburg, VA 24502
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Property profile & analytics

20936 Timberlake Rd Lynchburg, VA 24502


  • Commercial real estate
  • 2,433 SF
  • 0.35 lot acres
Commercial Building on Timberlake Road For Sale
$599,000
3,900 SF

Commercial Building on Timberlake Road

Commercial building with two rental spaces available for sale.

20936 Timberlake Road, Lynchburg, VA 24502
View Listing
Property ID
US87-2189249
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.

Value Estimations
Cap Rate Potential
5.2%
Commercial real estate
Location Intelligence

Current Use by Public Records

  • Central Virginia Family Dentistry / Dental Office
  • Howard John E DDS / Dental Office
  • Davis Michael J DDS / Dental Office
  • Stone Katherine / Dental Office
  • Bowles Wanda / Dental Office

Property Details for 20936 Timberlake Rd

Year built
1975
Construction
FRAME
Lot size
0.35 lot acres
Property size
2,433 SF
Zone code
B-GC
Property type
Commercial real estate
APN
012J-06000-001-0
APU
012J060000010

Description

This exceptional 3,837 square foot medical office building presents a unique investment opportunity in Lynchburg, Virginia. Situated on a 0.35-acre lot in Campbell County, this property boasts ample parking and potential for future expansion. Currently configured as a dental practice, the versatile layout is well-suited for a variety of medical or dental specialties. The building offers over 3,800 square feet of well-designed space, ideal for practice operations. Its prime location provides convenient access to local businesses, residential areas, and major roadways, ensuring high visibility and accessibility for patients and staff. The property's existing infrastructure and ample space make it an attractive option for established practices seeking to relocate or expand, or for new ventures looking for a turnkey solution. The potential for conversion to general medical practice, specialty care, or even general office or retail space adds to its considerable appeal. This is a rare opportunity to acquire a well-maintained, strategically located medical building in a thriving community. The property's size, location, and adaptability make it a highly desirable asset in the Lynchburg market. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $325,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $530,000
    Market price range: $240k - $586k
    AI Estimate
    $503,000
    Market price range: $162k - $535k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $375,000
    Current use
    AUTO REPAIR, GARAGE
    $495,000
    Change: +32% Conversion: Difficult
    MEDICAL BUILDING
    $435,000
    Change: +15% Conversion: Easy
    RETAIL STORES
    $395,000
    Change: +5% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Lynchburg
County
Campbell
State
Virginia
Longitude
-79.2407
Latitude
37.3355
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
2023
$1,916
$168,000
$257,700
$425,700
-
$168,000
$257,700
$425,700
View Listing
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