Property profile

1900 Memorial Ave Lynchburg, VA 24501

OFF-MARKET
Commercial real estate
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Property ID
US87-1598274
3,464 SF 0.58 ac Built 1871
Last sale Jul 2024·$230,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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. 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?
$2k
Tax billed · 2024
Assessed value$236k
Assessed land$102k
Assessed improvement$134k
Effective rate0.89%

Value estimate

· Nov 2026
$230k
$207k – $253k
AI approach$230k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$63 – $195
Qualifying comparables10

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 agency9.4
Electrical Service9.3
HVAC Service9.1

Location

1900 Memorial Ave Lynchburg, VA 24501-1708
County assessor Recorded deeds · 3 transfers 10 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
2704 Langhorne, Lynchburg, VA 24501-1606 $500,000 Aug 2024 4,060 SF
3712 Old Frst Rd, Lynchburg, VA 24501-6959 $600,000 Jun 2024 3,082 SF
2303 Yorktown, Lynchburg, VA 24501-2146 $550,000 Jun 2024 3,324 SF
1678 Lawyers, Lynchburg, VA 24501-7628 $6,100,000 Apr 2024 3,312 SF
2416 Langhorne, Lynchburg, VA 24501-1545 $310,000 Jan 2024 4,360 SF
2108 Lakeside, Lynchburg, VA 24501-6809 $900,000 Jun 2023 4,355 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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Includes: Price & PSF · Cap rate · Location · Zoning

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