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Investment Highlights
- 27,000 SF office medical building on 5.8 acres with flexible interior layouts.
- Zoned B3, supporting a wide range of commercial and medical uses.
- Approximately 17 minutes from Lynchburg Regional Airport and near regional healthcare facilities.
- Located in Lynchburg’s Tate Springs submarket with convenient access to major highways.
- Ample on-site parking to accommodate staff and patient needs.
- Positioned in a growing market with steady population and household income growth.
Executive Summary
The property benefits from its B3 zoning, which allows for a variety of commercial uses, and its location within the Tate Springs submarket provides convenient access to major roadways, including Langhorne Road and U.S. Route 29. Lynchburg’s growing population and stable economic base enhance the long-term value of this asset. The site includes ample surface parking and is positioned within a short drive of Lynchburg Regional Airport, regional hospitals, and key retail corridors. THE PROPERTY IS BEING SOLD VACANT
With an asking price of $4,200,000, this property represents a compelling acquisition in a market with limited supply of large-format medical office facilities.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Collaborative Health Partners Of Virginia Llc
- Health Care and Social Assistance
- -
- -
- -
Intravene is a privately held provider of outpatient infusion therapy and specialty IV services, founded in 1989 and headquartered in Lynchburg, Virginia. The company operates treatment centers in Lynchburg, Roanoke, Danville, and Charlottesville, offering services such as biologic therapies, IV hydration, infusion antibiotics, and mobile IV treatments. All care is administered in licensed facilities by a team of registered nurses, pharmacists, and physicians that include infectious disease specialists. Staff also manage pre-authorizations, insurance coordination, and sterile compounding in on-site pharmacies. Intravene has expanded its service offerings over time, including multiple locations and comprehensive referral processes for physicians. Privately held.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Collaborative Health Partners Of Virginia Llc | Health Care and Social Assistance | - | - | - | ||
|
Health Care and Social Assistance | - | - | - |
Property Taxes
| Parcel Number | 005-04-004 | Improvements Assessment | $3,250,000 |
| Land Assessment | $750,000 | Total Assessment | $4,000,000 |
Property Taxes
Presented by
2215 Landover Pl
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