Property profile

1011 Main St Lynchburg, VA 24504

OFF-MARKET
Retail space
Property ID
US87-0547334
41,143 SF 0.25 ac lot Built 1914
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1914
Construction FRAME
Total area 41,143 SF
Lot 0.25 ac (10,977 SF)
Zoning code B4
APN 024 63 008
UPID US87-0547334

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1011 Main St Lynchburg, VA 24504
Lynchburg metro Census 500 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2021
Last sale
$495,000
3 recorded transactions
2021
$495,000
2012
$150,000
2010
$375,000

Zoning & alternative use

B4 · Lynchburg, VA
Zoning description

The B-4 district is intended to provide for a wide range of residential, commercial and other sales and service operations, serving the entire metropolitan area in downtown Lynchburg and other mixed use centers throughou…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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