Financial
Distress signals
Property profile

1221 Wards Fry Rd Lynchburg, VA 24502

OFF-MARKET
Apartment buildings
Property ID
US87-1676529
30,107 SF 3.57 ac lot Built 1958
Last sale Dec 2010
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$17k
Tax billed · 2024
Assessed value$1.96M
Assessed land$288k
Assessed improvement$1.67M
Effective rate0.89%

Value estimate

· Sep 2026
$695k
$626k – $765k
CAP approach$3.68M
Submarket $/SF estimate$2.19M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$95 – $303

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R4
The R-4 district is intended to provide for residential and other compatible uses at high densities in locations with adequate infrastruc...
General categoryRESIDENTIAL
JurisdictionLYNCHBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.6
Law Firm10.2
Building Supply9.8

Location

1221 Wards Fry Rd Lynchburg, VA 24502-2973
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Mcconville, Lynchburg, VA 24502-4560 $2,100,000 Dec 2024 22,977 SF
121 Colonnade, Lynchburg, VA 24502-5372 $8,200,000 Sep 2021 30,232 SF
101 Colonnade, Lynchburg, VA 24502-5386 $8,200,000 Sep 2021 29,820 SF
100 Portico, Lynchburg, VA 24502-5396 $18,800,000 May 2021 27,684 SF
120 Portico, Lynchburg, VA 24502-5397 $18,800,000 May 2021 27,684 SF
105 Cornerstone, Lynchburg, VA 24502-5418 $18,800,000 May 2021 40,674 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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