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    Property profile & analytics

    3515 Campbell Ave Lynchburg, VA 24501-6501

    • Banks
    • 2,949 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US87-1812581
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Banks

    Property Details for 3515 Campbell Ave

    Year built
    1958
    Lot size
    1.53 lot acres
    Property size
    2,949 SF
    Zone code
    2
    Property type
    Banks
    APN
    110 03 003
    APU
    11003003

    Description

    This exceptional retail property, located at 3515 Campbell Ave in Lynchburg, VA 24501, presents a unique investment opportunity. The property consists of two brick buildings totaling 3,267 square feet, situated on a 1.53-acre lot. The main building offers 2,929 square feet of space, complemented by a secondary building of 318 square feet. Convenient canopies are also included. The asking price is $467,000, translating to a price per square foot of $142.94. Currently vacant, this property boasts a highly desirable location at a traffic light, offering excellent visibility and accessibility. Its proximity to the bypass ensures convenient access for customers. The high traffic volume in this area guarantees significant potential for a variety of retail businesses. The property's multiple drive-thru lanes further enhance its appeal and functionality for businesses requiring this feature. This is an ideal opportunity to acquire a well-positioned, versatile retail space in a thriving Lynchburg location. The property's size, location, and features make it suitable for a wide range of commercial uses. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $230,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $195,000
      Mixed-Use
      $235,000
      Hospitality
      $205,000
      Educational
      $225,000
      Residential Income
      $200,000
      Energy
      $215,000
      Income-Based Land
      $225,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.142
    Latitude
    37.3836
    CBSA code
    31340
    CBSA name
    LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,673
    $305,400
    $219,600
    $525,000
    -
    $305,400
    $219,600
    $525,000

    Comparable in this City

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      $370,000
      3,764 SF

      2018 Tate Spgs Rd

      FINANCIAL BUILDING • 3,764 SF
      2018 Tate Spgs Rd, Lynchburg, VA 24501-1112
      View Details
    • Value Estimation by Request
      22,159 SF

      2120 Langhorne Rd

      FINANCIAL BUILDING • 22,159 SF
      2120 Langhorne Rd, Lynchburg, VA 24501-1424
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    • Value Estimation
      $95,000
      3,035 SF

      3021 Old Frst Rd

      FINANCIAL BUILDING • 3,035 SF
      3021 Old Frst Rd, Lynchburg, VA 24501-2321
      View Details
    • Value Estimation
      $405,000
      2,540 SF

      3638 Old Frst Rd

      FINANCIAL BUILDING • 2,540 SF
      3638 Old Frst Rd, Lynchburg, VA 24501-2949
      View Details
    • Value Estimation by Request
      1.77 Acres

      3401 Odd Fellows Rd

      FINANCIAL BUILDING • 1.77 Acres
      3401 Odd Fellows Rd, Lynchburg, VA 24501-5015
      View Details
    • Value Estimation by Request
      3,938 SF

      2304 Langhorne Rd

      FINANCIAL BUILDING • 3,938 SF
      2304 Langhorne Rd, Lynchburg, VA 24501-1547
      View Details

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    Lynchburg, VA 24501-6501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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