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Medical/Office Building - Central Location 7327 Timberlake Rd 9,541 SF Office Building Lynchburg, VA 24502 $799,000 ($83.74/SF)
Investment Highlights
- Great office building in central location with high traffic count
- Unfinished walkout terrace level for expansion, storage, or potential rental income
- Currently medical use but easily adaptable for a variety of office uses
- Large pylon signage with excellent visibility
Executive Summary
Great office building in a prime Timberlake Road location with high traffic count. Building is currently used for medical use but is adaptable to a wide variety of office uses. Total building area of +/- 9,541sf with +/- 5,328sf on the main level and an unfinished +/- 4,213sf walkout terrace level.
Main level is configured into medical office layout with large reception/waiting area, business office, 14 offices/exam rooms, 6 bathrooms, kitchen/break room, and several open areas.
+/- 0.76ac parcel with large paved parking lot and pylon signage.
Potential for multi-tenancy.
Main level is configured into medical office layout with large reception/waiting area, business office, 14 offices/exam rooms, 6 bathrooms, kitchen/break room, and several open areas.
+/- 0.76ac parcel with large paved parking lot and pylon signage.
Potential for multi-tenancy.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,541 SF
Building Class
B
Year Built/Renovated
1985/2020
Price
$799,000
Price Per SF
$83.74
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,238 SF
Building FAR
0.29
Lot Size
0.76 AC
Zoning
B-3 - Community Business
Amenities
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 248-06-023 | Improvements Assessment | $459,700 |
| Land Assessment | $190,300 | Total Assessment | $650,000 |
Property Taxes
Parcel Number
248-06-023
Land Assessment
$190,300
Improvements Assessment
$459,700
Total Assessment
$650,000
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Medical/Office Building - Central Location | 7327 Timberlake Rd
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