37 Millrace Dr Lynchburg, VA 24502-4343
This exceptional 7,917 square foot industrial property in Lynchburg City is perfect for a single tenant seeking a blend of warehouse and office space. The building features a spacious 3,865 square foot warehouse area, boasting a 24-foot eave height, three 8x8-foot dock doors, a comprehensive sprinkler system, energy-efficient LED lighting, a backup generator for reliable power, and 24/7 security and access for peace of mind. The warehouse space is fully conditioned, ensuring a comfortable and productive work environment year-round. In addition to the warehouse, the property includes 4,052 square feet of fully conditioned office space, designed with modern finishes. This office area offers a flexible layout incorporating a mix of private offices and cubicles, catering to diverse business needs and team structures. The property is classified as Industrial, Land, and is categorized as a Warehouse, Flex, and Commercial space. The single-tenant occupancy makes this an ideal solution for businesses seeking a dedicated and secure location. This property is located at 37 Millrace Drive in Lynchburg City County. The property's combination of warehouse and office space, coupled with its advanced features and security, presents a compelling opportunity for a variety of businesses.
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M & W Printers Inc (Bike/Boat/Book/etc) Store Printing Service
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BMS Direct Marketing & Advertising Advertising Agency
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Warehouse (Magazines/Jcrew) Warehouse & Storage
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I2 · Lynchburg, VALynchburg. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.