Property profile

1600 12th St Lynchburg, VA 24501

OFF-MARKET
Drive through restaurants
Property ID
US87-1586848
1,145 SF 0.12 ac lot Built 1970
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1970
Total area 1,145 SF
Lot 0.12 ac (5,314 SF)
Zoning code B5
APN 026 02 004
UPID US87-1586848

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1600 12th St Lynchburg, VA 24501-1952
Lynchburg metro Census 1100 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$160k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2020
Last sale
$115,000
2 recorded transactions
2020
$115,000
2005
Price N/A

Zoning & alternative use

B5 · Lynchburg, VA
Zoning description

The B-5 district is intended to provide for a variety of commercial and similar uses that require large sites and which often produce substantial nuisance effects

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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