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Property profile & analytics

1664 Graves Ml Rd Lynchburg, VA 24502-4375

  • Apartment buildings
  • 6,792 SF
  • 0.70 lot acres
OFF-MARKET
Value Estimation
$650,000
Last Sale
Apr 04, 2023
$620,000
Location Intelligence
Property ID
US87-1754451
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.

Current Use by Public Records

  • Sandusky / School

Property Details for 1664 Graves Ml Rd

Year built
1970
Construction
FRAME
Lot size
0.70 lot acres
Property size
6,792 SF
Zone code
B1
Property type
Apartment buildings
APN
240 13 005
APU
24013005

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $650,000
  • CAP approach

    CAP return
    Estimation
    6%
    $600,000
    6.5%
    $685,000
    7%
    $655,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $645,000
    Geo Method
    $665,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $535,000
    Retail
    $665,000
    Mixed-Use
    $615,000
    Hospitality
    $650,000
    Educational
    $690,000
    Residential Income
    $625,000
    Energy
    $615,000
    Income-Based Land
    $670,000
    Food Service
    $735,000

Location Insight

  • Map
  • Local Demand
City
Lynchburg
County
Lynchburg City
State
Virginia
Longitude
-79.2409
Latitude
37.3773
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
$4,012
$140,000
$310,800
$450,800
-
$140,000
$310,800
$450,800
More about this property
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