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Property profile & analytics

7916 Timberlake Rd Lynchburg, VA 24502

  • Community centers
  • 1,112 SF
  • 0.71 lot acres
Value Estimations
$285,000
Cap Rate Potential
4.2%
Community centers
Location Intelligence
Property ID
US87-1706983
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

  • Community centers

Property Details for 7916 Timberlake Rd

Year built
2023
Lot size
0.71 lot acres
Property size
1,112 SF
Zone code
B3
Property type
Community centers
APN
254 13 022
APU
25413022

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $345,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $240,000
    6.5%
    $220,000
    7%
    $205,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lynchburg
County
Lynchburg City
State
Virginia
Longitude
-79.2283
Latitude
37.3507
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
$10,636
$283,600
$911,400
$1,195,000
-
$283,600
$911,400
$1,195,000
More about this property
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