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    Property profile & analytics

    114 Nationwide Dr Lynchburg, VA 24502-4271

    • Medical offices
    • 22,330 SF
    • 9.19 lot acres
    OFF-MARKET
    Value Estimation
    $7,900,000
    Last Sale
    Oct 06, 2022
    $7,626,441
    Location Intelligence
    Property ID
    US87-1616110
    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

    • Jerrod Justice / Obstetrician-Gynecologist / Practitioner Service Location
    • Yasmeen J. Adams, CRNP / Nurse Practitioner
    • Ajith Z Cherian, MD / Obstetrician-Gynecologist
    • Wade A Neiman, MD / Obstetrician-Gynecologist / Doctor
    • Adams Yasmeen M / Nurse Practitioner / Professional Services

    Property Details for 114 Nationwide Dr

    Year built
    1998
    Lot size
    9.19 lot acres
    Property size
    22,330 SF
    Zone code
    I1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    238 07 003
    APU
    23807003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,055,000
      6.5%
      $7,325,000
      7%
      $6,955,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,860,000
      Geo Method
      $7,025,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,700,000
      Retail
      $7,485,000
      Mixed-Use
      $7,355,000
      Hospitality
      $7,905,000
      Educational
      $6,510,000
      Residential Income
      $8,715,000
      Energy
      $6,245,000
      Income-Based Land
      $7,590,000
      Food Service
      $7,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.2139
    Latitude
    37.3783
    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
    $69,877
    $1,459,300
    $6,392,000
    $7,851,300
    -
    $1,459,300
    $6,392,000
    $7,851,300

    Comparable in this City

    • Value Estimation
      $580,000
      5,342 SF

      115 Wiggington Rd

      MEDICAL BUILDING • 5,342 SF
      115 Wiggington Rd, Lynchburg, VA 24502-4619
      View Details
    • Value Estimation
      $425,000
      2,280 SF

      100 Archway Ct

      MEDICAL BUILDING • 2,280 SF
      100 Archway Ct, Lynchburg, VA 24502-2889
      View Details
    • Value Estimation
      $230,000
      0.43 Acres

      200 Archway Ct

      MEDICAL BUILDING • 0.43 Acres
      200 Archway Ct, Lynchburg, VA 24502-3100
      View Details
    • Value Estimation by Request
      16,481 SF

      7802 Timberlake Rd

      MEDICAL BUILDING • 16,481 SF
      7802 Timberlake Rd, Lynchburg, VA 24502-2617
      View Details
    • Value Estimation by Request
      14,578 SF

      1212 Mcconville Rd

      MEDICAL BUILDING • 14,578 SF
      1212 Mcconville Rd, Lynchburg, VA 24502-4536
      View Details
    • Value Estimation by Request
      7,717 SF

      101 Archway Ct

      MEDICAL BUILDING • 7,717 SF
      101 Archway Ct, Lynchburg, VA 24502-2890
      View Details

    Similar Nearby for Sale

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      Commercial building at signalized intersection with high visibility and access.
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      High-quality mixed-use building with supplemental development potential in desirable location.
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    Similar Nearby for Lease

    • $25 SF/Yr
      7,265 SF

      Wards Road Retail Center

      Lynchburg, VA Retail/Office Space Available
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      View Details
    • Contact for pricing

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      Retail and Office Spaces Available

      Retail and office spaces for lease in Lynchburg, Virginia.
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    • $12 SF/Yr
      8,250 SF

      Sublease Office Space Available

      8,250 SF office space for sublease with elevator access.
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      View Details
    • $16 SF/Yr
      4,895 SF

      Wyndhurst Office Space Available

      Sublease available in Wyndhurst through 9/30/2024.
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      View Details
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    114 Nationwide Dr
    Lynchburg, VA 24502-4271
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    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
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