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Property profile & analytics
OFF-MARKET
Retail space
1101 Main St, Lynchburg, VA 24504-1713
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1534269
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Total area
595 SF
Lot
0.05 ac (2,091 SF)
Zoning code
B4
APN
024 66 024
UPID
US87-1534269
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
-
Cuts of Grace Barber Shop
-
Ronnie's Hair Cuts & Styles Barber Shop
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
West On Main LLC · 2 yrs held
West On Main LLC
since 2023
Last sale
$250,000
7 recorded transactions
Zoning & alternative use
B4 · 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
$1,339
Tax year 2024
Assessed value
$150,400
Assessed 2024
Previous assessed
$150,400
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$52,300
Assessed improvement
$98,100
Land market value
$52,300
Improvement market value
$98,100
Total market value
$150,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Heating
NONE
Buildings
1
Stories
1
Total area
595 SF
Lot
0.05 ac (2,091 SF)
Zoning code
B4
APN
024 66 024
UPID
US87-1534269
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B4 · Lynchburg, VA
Zoning B4 · permitted uses
B4 · 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
2010
Heating
NONE
Stories
1
Buildings
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
West On Main LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2600 MEMORIAL AVE STE LL1, LYNCHBURG, VA 24501-2658
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
—
West On Main LLC
—
Deed
related
$501,500 · Select Bank
Nov 16, 2023
$250,000
West On Main LLC
Stemmer Enterprises LLC
Bargain And Sale Deed
—
Nov 23, 2020
—
Stemmer Enterprises LLC
—
Deed
related
$123,500 · First Bank & Trust Co Illinois
Apr 16, 2019
—
Stemmer Enterprises LLC
—
Deed
related
$121,500 · Beacon Cu
Aug 26, 2009
—
Stemmer Enterprises LLC
Ronald G Stemmer JR
Intrafamily Transfer
related
—
Jul 17, 2009
—
Ronald G Stemmer JR
Ronald G Stemmer SR.
Gift Deed
related
—
Apr 19, 2007
—
Ronald G Stemmer SR.
Beena Kirpalani
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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