1220 Commerce St Lynchburg, VA 24504-1814
Property profile & analytics
1220 Commerce St, Lynchburg, VA 24504-1814
- Apartment buildings
- 48,864 SF
- 0.57 lot acres
Property ID
US87-1760657
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.
Location Intelligence
Current Use by Public Records
- Imperial Tobacco Lofts / Apartment Building
Property Details for 1220 Commerce St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.57 lot acres
- Zone code
- B6
- Property type
- Apartment buildings
- APN
- 046 03 004
- APU
- 4603004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 29, 2013 | $530,000 | 1220 Commerce LLC | Estate Of Specialists INC | Correction Deed · related | — |
| Aug 9, 2012 | — | City Of Lynchburg | Estate Specialists INC | Gift Deed · related | — |
| Aug 3, 2009 | — | Invest Lynchburg LLC | Estate Specialists INC | Deed | — |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,465,000
- 6.5%
- $5,970,000
- 7%
- $5,540,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $6,680,000 Current use
- RETAIL STORES
- $5,720,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lynchburg
- County
- Lynchburg City
- State
- Virginia
- Longitude
- -79.1384
- Latitude
- 37.4125
- 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
$45,203
$499,200
$4,579,800
$5,079,000
-
$499,200
$4,579,800
$5,079,000
