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Property profile & analytics
FOR SALE
Retail space

3225 Old Forest Rd Lynchburg, VA 24501

2,882 SF 0.53 ac lot Built 1971
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-1695621
3225 Old Forest Rd, Lynchburg, VA 24501 For Sale
$975,000 2,882 SF
3225 Old Forest Rd, Lynchburg, VA 24501
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Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,882 square foot office building situated on a 0.53-acre lot in Lynchburg, Virginia. The property boasts a prime location on Old Forest Road, directly fronting the street and benefiting from high visibility and traffic counts. Its strategic placement as a Walmart Supercenter outparcel at a signalized intersection ensures significant exposure to a large customer base. The property includes convenient shared parking with Walmart, a drive-thru, and multiple points of access for easy ingress and egress. Its proximity to Route 501 further enhances its accessibility and desirability. The building currently has a lease in place, providing a steady income stream until March 2026. This presents a compelling opportunity for investors seeking a well-located, income-producing asset in a thriving commercial area with numerous surrounding retail establishments, restaurants, and offices. The asking price for this exceptional property is $975,000. This is a rare chance to acquire a property with such strong fundamentals in a desirable Lynchburg location. The property is classified as both Office and Land, offering flexibility for future development or continued operation as a commercial space. The zip code is 24501.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Total area 2,882 SF
Lot 0.53 ac (23,087 SF)
Zoning code B3
APN 220 04 007
UPID US87-1695621
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
  • Tobacco Hut and Vape (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Direct Dental Services LLC · 7 yrs held
Direct Dental Services LLC
since 2019
1 recorded transaction
2019
$625,000
Zoning & alternative use
B3 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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