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Property profile & analytics
OFF-MARKET
Commercial land

7521 Timberlake Rd Lynchburg, VA 24502-2322

0.56 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-1486574
Property summary
AI-generated overview

This exceptional commercial land offering presents a prime investment opportunity in Lynchburg, Virginia. Located on the westbound lane of Timberlake Road (Rt. 460 Business), approximately 220 feet east of Roundelay Circle, this property boasts high visibility and accessibility. Comprising two contiguous lots totaling 1.1 acres, it offers 213 feet of frontage on this major thoroughfare. The property is zoned B-1, allowing for a variety of commercial uses. This versatile parcel presents significant potential for development, with the option to purchase the entire 1.1-acre tract for $140,000 or individual lots for $75,000 each. The location within the bustling Lynchburg City area ensures strong potential for return on investment. The address is 7521 & 7525 Timberlake Road, Lynchburg, VA 24502. This is a rare opportunity to acquire a strategically located commercial property in a thriving market. Don't miss out on this chance to secure a piece of Lynchburg's commercial landscape. The property's convenient location and B-1 zoning make it ideal for a wide range of commercial ventures. Act quickly to capitalize on this exceptional investment opportunity.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.56 ac (24,263 SF)
Zoning code B1
APN 249 02 004
UPID US87-1486574
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mb Development LLC · 8 yrs held
Mb Development LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
B1 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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