Property profile

525 Alleghany Ave Lynchburg, VA 24501

OFF-MARKET
Retail space
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Property ID
US87-1573536
4,760 SF 0.11 ac Built 1960
Last sale Feb 2025·$115,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property at 525 Alleghany Ave in Lynchburg is a combined Korean grocery and restaurant facility with a fully equipped kitchen configured to support cooking for orders. The kitchen area includes an electric grill and three sinks, and is set up for both carry-out and dine-in service. The building features a terrace level with storage space, windows, and a garage door, and this area has been described as having potential for finished office use. The property is zoned B-5 for general business…

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?
$1k
Tax billed · 2024
Assessed value$120k
Assessed land$15k
Assessed improvement$105k
Effective rate0.89%

Value estimate

· Nov 2026
$135k
$122k – $149k
AI approach$150k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$32 – $124
Qualifying comparables3

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?
B5
The B-5 district is intended to provide for a variety of commercial and similar uses that require large sites and which often produce sub...
General categoryCOMMERCIAL
JurisdictionLYNCHBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.5
Dental Office12.3
Pharmacy10.4

Location

525 Alleghany Ave Lynchburg, VA 24501-2609
County assessor Recorded deeds · 5 transfers 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2599 Ft, Lynchburg, VA 24501-3303 $225,000 Dec 2024 4,539 SF
3008 Memorial, Lynchburg, VA 24501-3728 $268,000 Jul 2024 6,060 SF
2400 12th, Lynchburg, VA 24501-5706 $130,000 Sep 2023 4,420 SF
2406 12th, Lynchburg, VA 24501-5706 $130,000 Sep 2023 4,360 SF
1624 Park, Lynchburg, VA 24501-1830 $25,000 Sep 2022 5,718 SF
2300 Ft, Lynchburg, VA 24501-2710 $170,000 Mar 2022 6,083 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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