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Property profile & analytics

8004 Timberlake Rd Lynchburg, VA 24502

  • Community centers
  • 2,656 SF
  • 2.04 lot acres
For Lease
Last Sale
Jan 19, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-1616009
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

  • Luxury Nail Spa II - Timberlake / Nail Salon

Property Details for 8004 Timberlake Rd

Year built
2023
Lot size
2.04 lot acres
Property size
2,656 SF
Zone code
B3
Property type
Community centers
APN
254 14 003
APU
25414003

Description

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.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Lynchburg
County
Lynchburg City
State
Virginia
Longitude
-79.2293
Latitude
37.3495
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
$18,939
$1,128,000
$1,000,000
$2,128,000
-
$1,128,000
$1,000,000
$2,128,000
More about this property
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