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Property profile & analytics
OFF-MARKET Estimated value $930,000
Medical Office Space

2811 Linkhorne Dr Lynchburg, VA 24503-3353

10,563 SF 0.65 ac lot Built 1984
Individually Owned 3-yr Hold Free & Clear
Property ID
US87-1387253
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1984
Construction FRAME
Total area 10,563 SF
Lot 0.65 ac (28,358 SF)
Zoning code B1
APN 166 06 011
UPID US87-1387253
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
  • Light Counseling Family Counselor
  • Elke Cox, LCSW Foster Care Service Social Service Agency
  • Melissa Tucker Physician
  • Timothy Clinton, ED Counselor Doctor
  • Carl Hoegerl, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$960k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$930k
Owner & transaction history
Cheryl Mcguire · 3 yrs held
Cheryl Mcguire
since 2023
Last sale
$902,500
2 recorded transactions
2023
$902,500
2020
Price N/A
Zoning & alternative use
B1 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The B-1 district is intended to provide for office, retail, restaurant and service uses that are compatible with nearby residential areas because they are in scale with adjacent neighborhood development and have pedestrian oriented designs

Zone name Limited Business District
General category COMMERCIAL
Zone area 482.54 ac
Source Realmo
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