3225 Old Forest Rd Lynchburg, VA 24501
For Sale
Property summary
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
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Zoning & alternative use
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B3 · Lynchburg, VAThe B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B3 in Lynchburg, VA.
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