Financial
Distress signals
Property profile

2535 Wards Rd Lynchburg, VA 24502

OFF-MARKET
Other retail properties
Property ID
US87-1782451
23,636 SF 2.71 ac lot Built 1998
Last sale Dec 2022 · $7,122,548
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a fee simple, net-leased retail building operated as a US Foods Chef’s Store (U.S. Foods retail concept) under a net lease structure. The lease was signed in 2022 for an initial 15-year term with four additional extension options of five years each, and includes contractual rent escalations of 10% at each five-year interval during the initial term and at the start of each option period. The store is located near the intersection of Wards Rd and Lynchburg Expressway and is

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.

Mortgages

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?
$46k
Tax billed · 2024
Assessed value$5.14M
Assessed land$1.09M
Assessed improvement$4.05M
Effective rate0.89%

Value estimate

· Sep 2026
$7.49M
$6.74M – $8.24M
AI approach$7.04M
CAP approach$4.41M
Submarket $/SF estimate$5.60M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$163/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$79 – $237

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 agency16.9
Dental Office14.6
Law Firm13.5

Location

2535 Wards Rd Lynchburg, VA 24502-2105
County assessor Recorded deeds · 2 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
4024 Wards Rd Ste, Lynchburg, VA 24502-2496 $4,140,000 May 2024 23,856 SF
5900 Ft, Lynchburg, VA 24502-1930 $650,000 Feb 2023 13,292 SF
1001 Creekside, Lynchburg, VA 24502-4354 $4,500,000 Jun 2022 9,720 SF
5401 Ft, Lynchburg, VA 24502-5315 $3,860,043 May 2022 38,907 SF
100 Atlanta, Lynchburg, VA 24502-3465 $2,293,945 Apr 2022 20,024 SF
4010 Wards, Lynchburg, VA 24502-4938 $6,600,000 Dec 2021 12,798 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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