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Financial
Distress signals
Property profile

3315 Old Forest Rd Lynchburg, VA 24501

FOR LEASE
Commercial real estate
Property ID
US87-1362741
343,261 SF 11.45 ac lot Built 1969
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 299,861 square foot Class B office building, situated on an expansive 11.5-acre lot in Lynchburg County, presents a unique investment opportunity. Constructed in 1976 and extensively renovated in 2016, the three-story building offers a single-tenant occupancy of 46,000 square feet of immediately available space. The property boasts a highly convenient location on Old Forest Road, easily accessible via multiple entrances. Ample parking is provided with 1015 spaces in a large,…

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?
$165k
Tax billed · 2024
Assessed value$18.50M
Assessed land$1.15M
Assessed improvement$17.35M
Effective rate0.89%

Value estimate

· Oct 2026
$32.71M
$29.43M – $35.98M
CAP approach$40.08M
Submarket $/SF estimate$27.85M
NOI build-up
Gross scheduled income$966k
Vacancy & credit loss−$39k
Operating expenses−$232k
NOI · 4,968,000.00% cap applied$696k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
4,968,000.00%
$696k 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?
I1
The I-1 district is intended to provide for industrial plants developed at moderate to low densities and with high standards of building ...
General categoryINDUSTRIAL
JurisdictionLYNCHBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Law Firm9.8
Wholesale Shop9.3

Location

3315 Old Forest Rd Lynchburg, VA 24501
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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
3901 Murray, Lynchburg, VA 24501-5064 $775,000 Apr 2025 8,640 SF
2600 Langhorne, Lynchburg, VA 24501-1604 $455,000 Mar 2025 6,424 SF
19492 Frst, Lynchburg, VA 24501-6956 $200,000 May 2024 9,100 SF
3616 Campbell, Lynchburg, VA 24501-4523 $200,000 Aug 2023 6,268 SF
3500 Powhatan, Lynchburg, VA 24501-6512 $1,014,000 Dec 2022 9,290 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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