3000 Memorial Ave Lynchburg, VA 24501-3728
Property profile & analytics
3000 Memorial Ave Lynchburg, VA 24501-3728
- Gas stations
- 1,644 SF
- 0.29 lot acres
Property ID
US87-1492266
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.
Location Intelligence
Current Use by Public Records
- Sandy's Towing / Auto Repair Shop
- Sandy’s Towing and Tires - Auto Repair / Auto Repair Shop
Property Details for 3000 Memorial Ave
- Year built
- 1953
- Lot size
- 0.29 lot acres
- Property size
- 1,644 SF
- Zone code
- B3
- Property type
- Gas stations
- APN
- 012 10 024
- APU
- 1210024
Description
This exceptional 1,644 square foot commercial property, situated on a 0.29-acre lot at the highly visible corner of Oakley Avenue and Memorial Avenue in Lynchburg, Virginia, presents a remarkable investment opportunity. Its prime location ensures maximum exposure to a substantial daily traffic flow, making it exceptionally suitable for a diverse range of businesses. The B-3 zoning allows for a variety of uses, including but not limited to auto repair shops, gas stations, convenience stores, auto sales dealerships, and hair salons. The property's size offers ample space for both operations and potential expansion, catering to the needs of a growing enterprise. The strategic corner location provides excellent visibility and accessibility, enhancing customer convenience and attracting a wider clientele. This property represents a rare chance to acquire a well-positioned commercial asset in a thriving area of Lynchburg, offering significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional location offers. The property is priced competitively at $298,000, reflecting its prime location and versatile zoning. Don't miss this opportunity to secure a valuable piece of Lynchburg commercial real estate.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lynchburg
- County
- Lynchburg City
- State
- Virginia
- Longitude
- -79.1698
- Latitude
- 37.3976
- 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
2024
$1,914
$145,000
$70,000
$215,000
-
$145,000
$70,000
$215,000
