Property profile

600 5th St Lynchburg, VA 24504

OFF-MARKET
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Property ID
US87-1022041
5,441 SF 0.15 ac Built 1815
Last sale Oct 2023·$302,500
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The Joseph Nichols Tavern at 600 Fifth St, Lynchburg, Virginia, is a 19th-century building associated with early Federal-style architecture and located within the city’s 5th Street Historic District. The property includes a garden and green-space area in the downtown setting. Zoning is B-4, which permits a broad range of commercial uses, with residential use allowed on the upper floors. The site is also within multiple designated areas, including an Enterprise Zone, Opportunity Zone, Central…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$325k
Assessed land$82k
Assessed improvement$243k
Effective rate0.89%

Value estimate

· Nov 2026
$315k
$284k – $347k
AI approach$320k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$87/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$41 – $152
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B6
JurisdictionLYNCHBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.9
HVAC Service10.5
Kitchen & Bath9.0

Location

600 5th St Lynchburg, VA 24504-2428
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
819 Main, Lynchburg, VA 24504-1567 $1,200,000 Dec 2025 7,176 SF
901 5th, Lynchburg, VA 24504 $205,000 Feb 2024 6,560 SF
406 5th, Lynchburg, VA 24504 $925,000 Sep 2023 6,351 SF
6342 Richmond, Lynchburg, VA 24504-4132 $650,000 Aug 2022 4,540 SF
9966 Richmond, Lynchburg, VA 24504-4093 $4,500,000 Jun 2022 4,437 SF
9934 Richmond, Lynchburg, VA 24504 $4,500,000 Jun 2022 4,154 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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