3225 Old Forest Rd Lynchburg, VA 24501

Property Details for 3225 Old Forest Rd

Year built

1971

Lot size

0.53 lot acres

Property size

2,882 SF

Zone code

B3

Property type

Retail space

APN

220 04 007

APU

22004007

Description

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.

Location Insight

City

Lynchburg

County

Lynchburg City

State

Virginia

Longitude

-79.2118

Latitude

37.412

CBSA code

31340

CBSA name

LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments