Property profile

1701 Enterprise Dr Lynchburg, VA 24502

OFF-MARKET
Retail space
Property ID
US87-1392654
3,900 SF 0.13 ac lot Built 2003
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 3,900 SF
Lot 0.13 ac (5,663 SF)
Zoning code R2C
APN 250 20 042
UPID US87-1392654

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
  • Specialty Food Shop
  • (Bike/Boat/Book/etc) Store Specialty Food Shop

Location

1701 Enterprise Dr Lynchburg, VA 24502-5845
Lynchburg metro Census 1700 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$730k
Comparable Approach Comparable
$774k
Blend (final) Blend
$285k

Owner & transaction history

Zoning & alternative use

R2C · Lynchburg, VA
Top alternative use upside
Auto repair, garage $790,000 +25.0%
Medical building $695,000 +9.6%

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 1701 Enterprise 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