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Property profile & analytics
OFF-MARKET
Commercial land

2860 Linkhorne Dr Lynchburg, VA 24503-3322

11.51 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US87-1799180
Property summary
AI-generated overview

This exceptional 11.5-acre commercial land parcel presents a unique investment opportunity in Lynchburg, Virginia. Located at 2860 Linkhorne Drive, this property boasts approximately 375 feet of frontage on Linkhorne Drive and enjoys a highly desirable location. Its proximity to the Forest Hills Shopping Center provides immediate access to a thriving retail environment, and the property adjoins the shopping center itself. Nearby businesses include a diverse range of establishments such as Convergys, Dollar General, Comcast, MedExpress, McDonald's, CVS, and Kings Island, among others. The strategic positioning between Lynchburg General Hospital and Virginia Baptist Hospital further enhances its appeal. The site is nicely wooded and offers significant development potential. Public water and sewer services are readily available, simplifying infrastructure needs. The asking price for this exceptional property is $395,000. This 11.5-acre lot in Lynchburg, VA (zip code 24503) presents a compelling opportunity for commercial development in a high-traffic area with established infrastructure and strong surrounding businesses. The property's size and location make it ideal for a variety of commercial uses.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 11.51 ac (501,376 SF)
Zoning code B1C
APN 169 09 004
UPID US87-1799180
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
S R GAY JR
S R GAY JR
Zoning & alternative use
B1C · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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