Realmo Analytics

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Financial
Distress signals
Property profile

610 Commerce St Lynchburg, VA 24504

FOR SALE
Turn key restaurants
Property ID
US87-1769059
1,600 SF 0.26 ac lot Built 1947
Last sale Apr 2021 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$238k
Assessed land$69k
Assessed improvement$169k
Effective rate0.89%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$325k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 6.45% cap applied$24k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$212/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$93 – $332

Cap rate analysis

How does the asset earn?
6.45%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Office17.2
Building Supply15.3
Wholesale Shop14.1

Location

610 Commerce St Lynchburg, VA 24504
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
408 Federal, Lynchburg, VA 24504-2424 $650,000 Feb 2026 8,144 SF
1101 Main, Lynchburg, VA 24504-1713 $250,000 Nov 2023 595 SF
306 Rivermont, Lynchburg, VA 24504-2332 $90,000 Aug 2023 979 SF
700 5th, Lynchburg, VA 24504-2430 $60,000 Feb 2022 6,956 SF
414 12th, Lynchburg, VA 24504-2540 $233,000 Jan 2022 7,980 SF
1100 5th, Lynchburg, VA 24504-2854 $21,500 May 2020 1,168 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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