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Property profile & analytics
OFF-MARKET
Warehouses

1209 Stephenson Ave Lynchburg, VA 24501

3,200 SF 0.07 ac lot Built 1980
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US87-1739430
Property summary
AI-generated overview

This exceptional 3,200-square-foot warehouse building is ideally situated just off Fort Avenue in Lynchburg, Virginia, offering convenient access to Route 29 and downtown Lynchburg (only 1.5 miles away). The property boasts a desirable single-tenant occupancy and features a clear span design with high ceilings, ensuring efficient use of space. The warehouse is well-lit with energy-efficient LED lighting throughout. Power is supplied by a 200-amp, single-phase system, meeting the needs of various businesses. Two 14' x 14' drive-in doors provide easy access for loading and unloading, enhancing operational efficiency. Ample parking is available with 11 spaces designated for the property. The property is zoned I-2, making it suitable for a range of industrial uses. This warehouse presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located space in a thriving area of Lynchburg. The building's features and location combine to create a highly functional and attractive industrial property.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 3,200 SF
Lot 0.07 ac (3,136 SF)
Zoning code I2
APN 027 25 002
UPID US87-1739430
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
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
Cifax LLC · 4 yrs held
Cifax LLC
since 2022
Last sale
$137,000
1 recorded transaction
2022
$137,000
Zoning & alternative use
I2 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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