Property profile

3211 Old Forest Rd Lynchburg, VA 24501

FOR SALE
Commercial real estate
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Property ID
US87-1734654
4,670 SF 0.93 ac Built 1970
Last sale Jul 2011
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 5,100 square foot brick office building at 3211 Old Forest Road in Lynchburg, Virginia presents a unique investment opportunity. Currently available for the first time, this property boasts a highly desirable location and substantial space. The main level features ten individual offices, a welcoming reception area, a dedicated conference room, a copy room, and two bathrooms. The lower terrace level offers even more space with eleven additional offices, a second reception area…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$675k
Assessed land$419k
Assessed improvement$256k
Effective rate0.89%

Value estimate

· Nov 2026
$335k
$302k – $369k
CAP approach$545k
Submarket $/SF estimate$909k
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$3k
Operating expenses−$24k
NOI · 7.56% cap applied$57k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$63 – $195
Qualifying comparables4

Cap rate analysis

How does the asset earn?
7.56%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B3
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
General categoryCOMMERCIAL
JurisdictionLYNCHBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.4
Building Supply17.5
Wholesale Shop17.1

Location

3211 Old Forest Rd Lynchburg, VA 24501
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2704 Langhorne, Lynchburg, VA 24501-1606 $500,000 Aug 2024 4,060 SF
1900 Memorial, Lynchburg, VA 24501-1708 $230,500 Jul 2024 3,464 SF
2416 Langhorne, Lynchburg, VA 24501-1545 $310,000 Jan 2024 4,360 SF
3616 Campbell, Lynchburg, VA 24501-4523 $200,000 Aug 2023 6,268 SF
2108 Lakeside, Lynchburg, VA 24501-6809 $900,000 Jun 2023 4,355 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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