Wyndhurst Residential Investment
For Sale
Contact for pricing
736 Wyndhurst Dr, Lynchburg, VA 24502
Two-level residential property with finished basement in Wyndhurst.
Property Size2,142 SF
Price / SF$133.05
Days on Market181
Property Features for 736 Wyndhurst Dr
General Information
Standard status
Active
Size
2,142 SF
Property subtype
Multifamily
Zoning
R-2C
Building Details
Year Built
2002
Units
1
Listing Agency:
Coldwell Banker Commercial Read & Co.
(434) 944-3920
Listed By:
Luke Dykeman · License #VA
Source:
Crexi
Added: Feb 11
Changed: Aug 7
Last Checked: Aug 10 at 5:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Read & Co.
Investment Insights
Based on property information with market context.
This residential investment property is located in the planned community of Wyndhurst. The property features two levels and a finished basement. The layout includes 3 bedrooms, a spacious kitchen, and two restrooms. Additional features include a wood rear deck and central HVAC. The property size is 2142 square feet.
Key Highlights
- Located in the planned community of Wyndhurst
- Finished basement offers additional living space
- 3 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,548
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,960
$371.0K
Cap Rate 7%
$264,971
$265.0K
Cap Rate 9%
$206,089
$206.1K
Market Conditions
NOI Build-Up for 2,142 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.6K $13.80/SF
− Vacancy
−$3.1K −$1.43/SF
EGI
$26.5K $12.37/SF
− OpEx
−$7.9K −$3.71/SF
NOI
$18.5K $8.66/SF
Area
Lynchburg County, VA
Vacancy
10.36%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,960
Cap Rate 7%
$264,971
Cap Rate 9%
$206,089
Alternative Uses
Best Use
Multifamily LT 5
$265.0K
$231.9K – $309.1K
NOI $18,548 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$242.9K
$212.6K – $283.4K
NOI $17,005 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$634.5K
$555.2K – $740.3K
NOI $44,417 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 24502, VA
41,058
Population
18,576
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
92%
High-School Grad
29.9 sq mi
ZIP Area
1,373
Density / Sq Mi
$66,027
Median Household Income
$35,923
Median Earnings
$1,166
Median Rent
$214,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two-level residential property with finished basement in Wyndhurst.
Where is this triplex located?
The property is located at 736 Wyndhurst Dr Lynchburg, VA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Located in the planned community of Wyndhurst; Finished basement offers additional living space; 3 bedrooms
