You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,135,000
Medical Office Space

3617 Old Frst Rd Lynchburg, VA 24501

4,818 SF 1.07 ac lot Built 1991
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US87-1732815
Property summary
AI-generated overview

This exceptional 4,818-square-foot medical office building presents a unique investment opportunity. Situated on a 1.066-acre lot at the corner of a well-established commercial corridor, this single-tenant property offers unparalleled convenience and visibility. Built in 1991 and extensively renovated in 2020, the building boasts a modern layout ideal for medical practices. The current configuration includes spacious waiting and reception areas, multiple exam rooms, nurses' stations, private offices, a combined conference/break room, and six restrooms. Ample parking is provided with 48 spaces in a large, paved lot. The property is zoned B-1 Business, ensuring flexibility for a variety of uses. The existing medical practice is relocating, making this a turnkey opportunity for an immediate move-in. The property's central location and convenient access points make it highly desirable. The building features a single story and is situated on a parcel with a total area of 1.06 acres, identified by APN 22715001 and cross-street Primrose Lane. This property is available for both sale and lease.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction FRAME
Total area 4,818 SF
Lot 1.07 ac (46,435 SF)
Zoning code B1
APN 227 15 001
UPID US87-1732815
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.27M
CAP Approach CAP
$920k
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$1.14M
Owner & transaction history
Terra Firma Holdings LLC · 1 yrs held
Terra Firma Holdings LLC
since 2025
Last sale
$1.1M
3 recorded transactions
2025
$1.1M
2016
Price N/A
2009
Price N/A
Zoning & alternative use
B1 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The B-1 district is intended to provide for office, retail, restaurant and service uses that are compatible with nearby residential areas because they are in scale with adjacent neighborhood development and have pedestrian oriented designs

Zone name Limited Business District
General category COMMERCIAL
Zone area 482.54 ac
Source Realmo
Top alternative use upside
Auto repair, garage $980,000 +14.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3617 Old Frst Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message