Property profile

1711 Wards Fry Rd Lynchburg, VA 24502

OFF-MARKET
Apartment buildings
Property ID
US87-1631138
21,942 SF 1.66 ac lot Built 1974
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1974
Construction FRAME
Total area 21,942 SF
Lot 1.66 ac (72,179 SF)
Zoning code R4C
APN 246 08 005
UPID US87-1631138

Cap rate & NOI

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

Location

1711 Wards Fry Rd Lynchburg, VA 24502-2438
Lynchburg metro Census 1601 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.34M
CAP Approach CAP
$2.68M
Comparable Approach Comparable
$1.86M
Blend (final) Blend
$2.05M

Owner & transaction history

since 2011
Last sale
$1.5M
3 recorded transactions
2021
Price N/A
2020
Price N/A
2011
Price N/A

Zoning & alternative use

R4C · Lynchburg, VA

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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