Property profile

1124 Main St Lynchburg, VA 24504

OFF-MARKET
Retail space
Property ID
US87-1717506
5,140 SF 0.03 ac lot Built 1917
Individually Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1917
Construction FRAME
Total area 5,140 SF
Lot 0.03 ac (1,350 SF)
Zoning code B4
APN 024 65 011
UPID US87-1717506

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Garden Center

Location

1124 Main St Lynchburg, VA 24504-1714
Lynchburg metro Census 500 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2005
3 recorded transactions
2021
Price N/A
2019
Price N/A
2005
Price N/A

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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