2811 Linkhorne Dr Lynchburg, VA 24503-3353
- Medical offices
- 10,563 SF
- 0.65 lot acres
Current Use by Public Records
- Light Counseling / Family Counselor
- Elke Cox, LCSW / Social Worker
- Melissa Tucker / Nurse Practitioner
- Timothy Clinton, ED / Counselor / Doctor
- Carl Hoegerl, MD / Neurologist
Property Details for 2811 Linkhorne Dr
- Year built
- 1984
- Construction
- FRAME
- Lot size
- 0.65 lot acres
- Property size
- 10,563 SF
- Zone code
- B1
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 166 06 011
- APU
- 16606011
Description
This attractive 4,680-square-foot medical office building is ideally situated in Lynchburg, Virginia, at 2811 Linkhorne Drive, zip code 24503. The property features 3,953 square feet on the main level and 727 square feet on the upper floor, offering ample space for a variety of medical practices. Its convenient location, just off Old Forest Road/Linkhorne Drive, provides easy access to major thoroughfares and places it only 2.5 miles from both Lynchburg General Hospital and Virginia Baptist Hospital. Recent renovations have modernized the space for medical use, ensuring a contemporary and efficient layout. The building boasts ADA accessibility, abundant parking, and benefits from its proximity to numerous other office and retail establishments. This single-tenant property presents a unique opportunity for medical professionals seeking a well-appointed and strategically located office space in a thriving Lynchburg community. The property is classified as an office building with a medical office subtype.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $945,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $925,000
- 6.5%
- $770,000
- 7%
- $880,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $870,000
- Geo Method
- $730,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $750,000
- Retail
- $685,000
- Mixed-Use
- $710,000
- Hospitality
- $820,000
- Educational
- $770,000
- Residential Income
- $900,000
- Energy
- $805,000
- Income-Based Land
- $795,000
- Food Service
- $855,000
Location Insight
- Map
- Local Demand
- City
- Lynchburg
- County
- Lynchburg City
- State
- Virginia
- Longitude
- -79.2026
- Latitude
- 37.4158
- CBSA code
- 31340
- CBSA name
- LYNCHBURG, VA METROPOLITAN STATISTICAL AREA