Property summary
This exceptional Class A commercial property, located at 7916-8000 Timberlake Road in Lynchburg, Virginia (zip code 24502), offers 4,252 square feet of vacant space in two buildings, built in 2022. The property is ideally situated along Timberlake Road, a high-traffic area with an average daily traffic count of 32,000 vehicles. The space is divisible to a minimum of 952 square feet and offers a maximum contiguous space of 3,300 square feet, making it suitable for a variety of businesses. This retail and office space benefits from its prime location near major transportation arteries, including quick access to highways 501, 460, and 29, and is only 15 minutes from Lynchburg's downtown area and 10 minutes from Liberty University's expansive campus. The property enjoys a strong surrounding residential base, with 270 luxury residential units either completed or under construction directly behind the development, sharing a common entrance. Furthermore, the property is part of a thriving commercial development, boasting neighboring tenants such as Dunkin', Chipotle, First Watch, Jersey Mike's, VA ABC, Sheetz, and Valvoline. A high-volume Kroger grocery store is conveniently located across the street, along with other national and regional retailers. The property is also less than four miles (a ten-minute drive) from Lynchburg Regional Airport. This presents a unique opportunity for businesses seeking a high-visibility location with excellent access to transportation, amenities, and a strong residential and student population.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B3 · Lynchburg, VAThe B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B3 in Lynchburg, VA.
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