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    Property profile & analytics

    115 Wiggington Rd Lynchburg, VA 24502-4619

    • Medical offices
    • 5,342 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Last Sale
    Jun 26, 2023
    $540,000
    Location Intelligence
    Property ID
    US87-1524232
    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

    • Oldham Aesthetic & General Dentistry / Cosmetic Dentist / Dental Clinic
    • Martin William w DDS / Dentist
    • Kiger David T DDS / Dentist
    • Durham David DDS / Dentist
    • Credence Behavioral Health / Psychiatrist

    Property Details for 115 Wiggington Rd

    Year built
    1982
    Construction
    FRAME
    Lot size
    0.55 lot acres
    Property size
    5,342 SF
    Zone code
    B1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    226 11 017
    APU
    22611017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $565,000

    • CAP approach

      CAP return
      Estimation
      6%
      $610,000
      6.5%
      $640,000
      7%
      $610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $610,000
      Geo Method
      $675,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $670,000
      Retail
      $535,000
      Mixed-Use
      $580,000
      Hospitality
      $495,000
      Educational
      $615,000
      Residential Income
      $545,000
      Energy
      $685,000
      Income-Based Land
      $590,000
      Food Service
      $545,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.2214
    Latitude
    37.4071
    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
    $5,307
    $95,900
    $500,400
    $596,300
    -
    $95,900
    $500,400
    $596,300

    Comparable in this City

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      100 Archway Ct

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      100 Archway Ct, Lynchburg, VA 24502-2889
      View Details
    • Value Estimation
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      200 Archway Ct

      MEDICAL BUILDING • 0.43 Acres
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    • Value Estimation by Request
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      1212 Mcconville Rd

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    • Value Estimation by Request
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      101 Archway Ct

      MEDICAL BUILDING • 7,717 SF
      101 Archway Ct, Lynchburg, VA 24502-2890
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    • Value Estimation by Request
      4,146 SF

      1612 Graves Ml Rd

      MEDICAL BUILDING • 4,146 SF
      1612 Graves Ml Rd, Lynchburg, VA 24502-4329
      View Details
    • Value Estimation
      $320,000
      2,204 SF

      105 Candlewood Ct

      MEDICAL BUILDING • 2,204 SF
      105 Candlewood Ct, Lynchburg, VA 24502-2654
      View Details

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    Similar Nearby for Lease

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      Prime Lynchburg office, 8,250 sq ft, great location.
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    • Contact for pricing
      90,000 SF

      Rosedale Mixed-Use Development

      Lynchburg, VA: Prime Retail & Office
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    Lynchburg, VA 24502-4619
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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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