Property profile

1600 Lakeside Dr Lynchburg, VA 24501

OFF-MARKET
Medical Office Space
Property ID
US87-1610677
9,983 SF 1.49 ac lot Built 2008
Individually Owned 20-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2008
Construction FRAME
Total area 9,983 SF
Lot 1.49 ac (65,079 SF)
Zoning code B1C
APN 165 07 009
UPID US87-1610677

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
  • Medical Clinic
  • Medical Clinic
  • Hospital
  • Physician
  • Physician

Location

1600 Lakeside Dr Lynchburg, VA 24501-3116
Lynchburg metro Census 205 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.91M
Comparable Approach Comparable
$2.33M
Blend (final) Blend
$1.85M

Owner & transaction history

since 2006
3 recorded transactions
2020
Price N/A
2006
Price N/A
2005
$16,000

Zoning & alternative use

B1C · Lynchburg, VA
Top alternative use upside
Restaurant $2.1M +18.9%
Auto repair, garage $2.0M +14.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1600 Lakeside Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message