Property profile

1624 Park Ave Lynchburg, VA 24501

OFF-MARKET
Retail space
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Property ID
US87-1446630
5,718 SF 0.08 ac Built 1900
Last sale Sep 2022·$25,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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?
$380
Tax billed · 2024
Assessed value$43k
Assessed land$8k
Assessed improvement$35k
Effective rate0.89%

Value estimate

· Nov 2026
$165k
$149k – $182k

Realmo valuation models over county records.

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

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.0
Skin Care Clinic10.2
Dry Cleaner8.9

Location

1624 Park Ave Lynchburg, VA 24501-1830
County assessor Recorded deeds · 1 transfer 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
525 Alleghany, Lynchburg, VA 24501-2609 $115,000 Feb 2025 4,760 SF
2599 Ft, Lynchburg, VA 24501-3303 $225,000 Dec 2024 4,539 SF
2995 Ft, Lynchburg, VA 24501 $155,000 Aug 2024 6,270 SF
3008 Memorial, Lynchburg, VA 24501-3728 $268,000 Jul 2024 6,060 SF
521 Alleghany, Lynchburg, VA 24501-2609 $375,000 Apr 2022 6,400 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
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Includes: Price & PSF · Cap rate · Location · Zoning

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