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Property profile & analytics
OFF-MARKET
Community centers
103 Edge Way Lynchburg, VA 24502-5901
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US87-1445356
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2021
Total area
904 SF
Lot
1.91 ac (83,417 SF)
Zoning code
B3
APN
254 14 001
UPID
US87-1445356
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
SHARP TOP BARBERSHOP Barber Shop
-
Nitró Cow Grocery & Convenience Store Specialty Food Shop
-
CORA Physical Therapy Timberlake Road Physician
-
Virginia ABC (Bike/Boat/Book/etc) Store
-
Nautical Bowls (Bike/Boat/Book/etc) Store Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
T P B Enterprises LLC · 7 yrs held
T P B Enterprises LLC
since 2019
4 recorded transactions
Zoning & alternative use
B3 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynchburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$35,600
Tax year 2024
Assessed value
$4,000,000
Assessed 2024
Previous assessed
$3,878,000
+3.1% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,149,000
Assessed improvement
$2,851,000
Land market value
$1,149,000
Improvement market value
$2,851,000
Total market value
$4,000,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2021
Heating
NONE
Buildings
2
Stories
1
Total area
904 SF
Lot
1.91 ac (83,417 SF)
Zoning code
B3
APN
254 14 001
UPID
US87-1445356
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B3 · Lynchburg, VA
Zoning B3 · permitted uses
B3 · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynchburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Stories
1
Buildings
2
Lot
1.91 ac
Current owner
From public records · entity-resolved
T P B Enterprises LLC
Entity
Mailing address
PO BOX 148, FOREST, VA 24551-0148
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2019
$300,000
T P B Enterprises LLC
Ltd Properties LLC
Deed
—
Dec 28, 2017
$200,000
Tpb Enterprises LLC
Samuel Adams JR
Deed
$900,000 · The First Bank & Trust Co
May 10, 2006
—
Elizabeth A Adams
Samuel S Adams SR.
Gift Deed
related
—
Mar 9, 2006
—
Ltd Properties LLC
Bank Of America N A
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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