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Property profile & analytics
OFF-MARKET
Medical Office Space
1905 Atherholt Rd Lynchburg, VA 24501-1103
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1803892
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Construction
FRAME
Total area
3,132 SF
Lot
0.91 ac (39,640 SF)
Zoning code
B1
APN
001 23 003
UPID
US87-1803892
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Centra Rehabilitation - Atherholt Rd Medical Clinic
-
Centra Rehabilitaton Center for Pelvic Health Medical Clinic
-
Dr. Dominic S. Raso, MD Physician
-
Yvonne Staton Medical Clinic
-
Spencer Latham Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Centra Health INC · 1 yrs held
Centra Health INC
since 2025
2 recorded transactions
Zoning & alternative use
B1 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The B-1 district is intended to provide for office, retail, restaurant and service uses that are compatible with nearby residential areas because they are in scale with adjacent neighborhood development and have pedestrian oriented designs
Zone name
Limited Business District
General category
COMMERCIAL
Zone area
482.54 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynchburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,307
Tax year 2024
Assessed value
$596,300
Assessed 2024
Previous assessed
$596,300
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$227,500
Assessed improvement
$368,800
Land market value
$227,500
Improvement market value
$368,800
Total market value
$596,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1976
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Total area
3,132 SF
Lot
0.91 ac (39,640 SF)
Zoning code
B1
APN
001 23 003
UPID
US87-1803892
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B1 · Lynchburg, VAZoning B1 · permitted uses
B1 · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The B-1 district is intended to provide for office, retail, restaurant and service uses that are compatible with nearby residential areas because they are in scale with adjacent neighborhood development and have pedestrian oriented designs
Zone name
Limited Business District
General category
COMMERCIAL
Zone area
482.54 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1976
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Centra Health INC
Entity
Free & Clear · 1 yrs held
Mailing address
1914 THOMSON DR STE #400, LYNCHBURG, VA 24501-1009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2025
$605,000
Centra Health INC
Atherholt Road Assoicates II LLC
Bargain & Sale Deed
—
Jul 31, 2023
—
George Cook
Karl Biesemier
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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