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    FOR SALE
    Drive through restaurants

    2901 Candlers Mountain Rd, Lynchburg, VA 24502

    1,369 SF 0.7 ac lot Built 1994
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US87-1581160
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2901 Candlers Mountain Road in Lynchburg, Virginia, presents a unique investment opportunity. The 0.7-acre lot boasts significant frontage on Candlers Mountain Road, a high-traffic area with excellent visibility. The existing structure offers 860 square feet of space, ideally suited for a drive-thru business. The property's design features a double drive-thru configuration, eliminating the need for indoor seating, making it perfect for quick-service restaurants or similar ventures. Its strategic location at a traffic signal ensures easy access for customers. The asking price is $1,300,000. This property's prime location and adaptable design make it an attractive prospect for entrepreneurs seeking a high-visibility commercial space in a thriving Lynchburg market. The significant traffic volume and convenient access contribute to its strong potential for return on investment. The existing structure provides a solid foundation for immediate operation, minimizing initial setup costs. This is a rare opportunity to acquire a well-positioned commercial property in a desirable area of Lynchburg. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1994
    Construction FRAME
    Total area 1,369 SF
    Lot 0.7 ac (30,579 SF)
    Zoning code B5
    APN 162 04 001
    UPID US87-1581160
    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
    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
    INNKEEPER LYNCHBURG INC
    INNKEEPER LYNCHBURG INC
    Zoning & alternative use
    B5 · Lynchburg, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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