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Property profile & analytics
OFF-MARKET
Community centers

8004 Timberlake Rd Lynchburg, VA 24502-2606

2,656 SF 2.04 ac lot Built 2023
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US87-1616009
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2023
Total area 2,656 SF
Lot 2.04 ac (89,080 SF)
Zoning code B3
APN 254 14 003
UPID US87-1616009
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
Current use
Occupant on record · Public records
  • Luxury Nail Spa II - Timberlake Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lynchburg City · 5 yrs held
Lynchburg City
since 2021
2 recorded transactions
2021
Price N/A
2014
$400,000
Zoning & alternative use
B3 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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