Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    101 Stonemill Dr Lynchburg, VA 24502-2054

    • Apartment buildings
    • 49,446 SF
    • 4.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 13, 2022
    $33,210,000
    Location Intelligence
    Property ID
    US87-1507969
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • SimpleSipCoffee / Coffee Store

    Property Details for 101 Stonemill Dr

    Year built
    2001
    Construction
    FRAME
    Lot size
    4.03 lot acres
    Property size
    49,446 SF
    Zone code
    R3
    Property type
    Apartment buildings
    APN
    234 04 003
    APU
    23404003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.2251
    Latitude
    37.3861
    CBSA code
    31340
    CBSA name
    LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $56,849
    $504,000
    $5,883,500
    $6,387,500
    -
    $504,000
    $5,883,500
    $6,387,500

    Comparable in this City

    • Value Estimation by Request
      101,183 SF

      209 Old Graves Ml Rd

      APARTMENT HOUSE (5+ UNITS) • 101,183 SF
      209 Old Graves Ml Rd, Lynchburg, VA 24502-5350
      View Details
    • Value Estimation
      $7,440,000
      30,232 SF

      121 Colonnade St

      APARTMENT HOUSE (5+ UNITS) • 30,232 SF
      121 Colonnade St, Lynchburg, VA 24502-5372
      View Details
    • Value Estimation
      $7,540,000
      29,820 SF

      101 Colonnade St

      APARTMENT HOUSE (5+ UNITS) • 29,820 SF
      101 Colonnade St, Lynchburg, VA 24502-5386
      View Details
    • Value Estimation
      $650,000
      6,792 SF

      1664 Graves Ml Rd

      APARTMENT HOUSE (5+ UNITS) • 6,792 SF
      1664 Graves Ml Rd, Lynchburg, VA 24502-4375
      View Details
    • Value Estimation by Request
      143,154 SF

      725 Ml Strm Ln

      APARTMENT HOUSE (5+ UNITS) • 143,154 SF
      725 Ml Strm Ln, Lynchburg, VA 24502-5092
      View Details
    • Value Estimation by Request
      30,261 SF

      111 Northwynd Cir

      APARTMENT HOUSE (5+ UNITS) • 30,261 SF
      111 Northwynd Cir, Lynchburg, VA 24502-2985
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.00 Acres

      Luxury Apartments in Lynchburg, VA

      240 luxury apartment units with resort-style amenities. Construction to begin.
      2595 Waterlick Rd, Lynchburg, VA 24502
      View Details
    • $1,200,000
      0.53 Acres

      Lynchburg Multifamily Investment Opportunity

      Well-maintained 12-unit multifamily property in Lynchburg, generating positive cash flow.
      1200 Liggates Rd, Lynchburg, VA 24502
      View Details
    • $1,800,000
      6,278 SF

      Mixed-Use Building with Development Potential

      High-quality mixed-use building with supplemental development potential in desirable location.
      1703 Enterprise Dr, Lynchburg, VA 24502
      View Details
    • $219,900
      0.13 Acres

      Lynchburg Duplex Investment Opportunity

      Vacant duplex near Liberty and University of Lynchburg, move-in ready.
      2244 Memorial Ave, Lynchburg, VA 24502
      View Details
    • $850,000
      7.75 Acres

      7.75-Acre Commercial Land Parcel

      Lynchburg, VA: Prime Commercial/Residential Land
      18968 Forest Rd, Lynchburg, VA 24502
      View Details
    • $284,000
      1,600 SF

      New Townhome in Central Lynchburg

      Practically brand new townhome in a prime Lynchburg location.
      556 Leesville Rd, Lynchburg, VA 24502
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      7,265 SF

      Wards Road Retail Center

      Lynchburg, VA Retail/Office Space Available
      14339 Wards Rd, Lynchburg, VA 24502
      View Details
    • Contact for pricing

      Lynchburg City Office Space For Lease

      700 sq ft Office, Ample Parking
      4849 Fort Ave, Lynchburg, VA 24502
      View Details
    • Contact for pricing
      88 SF

      Warehouse and Office Space Available

      Office and storage units with internet, parking, and common areas.
      503 Old Plantation Dr, Lynchburg, VA 24502
      View Details
    • Contact for pricing

      Retail and Office Spaces Available

      Retail and office spaces for lease in Lynchburg, Virginia.
      7713 Timberlake Rd, Lynchburg, VA 24502
      View Details
    • $25 SF/Yr
      3,665 SF

      Wards Road Retail Opportunity

      Retail/office/restaurant spaces available in high-traffic Lynchburg location.
      14395 Wards Rd, Lynchburg, VA 24502
      View Details
    • Contact for pricing

      Prime Commercial Land For Lease

      Located in Lynchburg's main retail hub, great visibility.
      2823 Candlers Mountain Rd, Lynchburg, VA 24502
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Stonemill Dr
    Lynchburg, VA 24502-2054
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.