8004 Timberlake Rd Lynchburg, VA 24502-2606
Oakwood Plaza, a brand-new Class A retail center in Lynchburg, VA, offers 9,000 square feet of prime retail space. Built in 2023, this property sits on 2 acres of land and is zoned B-3. The center boasts excellent visibility and high traffic counts due to its strategic location on Timberlake Road, near major retailers such as Sheetz, Wendy's, Kroger, Lowe's, and numerous medical offices. It's also less than 10 minutes from Liberty University. The property features abundant parking and easy access. Individual suites range from 1,500 to 9,000 contiguous square feet, with a minimum divisible space of 1,500 square feet. The property is currently configured as a single suite, but can be subdivided. This location benefits from its proximity to other retail centers, restaurants, entertainment venues, schools, and multi-family residential areas. The rental rate is $29.00 per square foot, plus $2.00 per square foot for common area maintenance (CAM). This presents a unique opportunity for businesses seeking high-traffic exposure in a thriving Lynchburg community. The address is 8004 Timberlake Road, Lynchburg, VA 24502.
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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
B3 · 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.