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Financial
Distress signals
Property profile

1928 Thomson Dr Lynchburg, VA 24501

FOR SALE
Other commercial real estate
Property ID
US87-1734099
6,562 SF 0.47 ac lot Built 1972
Last sale Dec 2020 · $570,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A renovated office property totaling 6,600 square feet is located on Thomson Drive on the north side just past Lynchburg General Hospital, near the Alan Pearson Cancer Center, with proximity to healthcare institutions in the area. The space is adaptable for a variety of uses and is configured to support either a single tenant or multiple units. The property sits on a 0.466-acre lot.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$619k
Assessed land$93k
Assessed improvement$526k
Effective rate0.89%

Value estimate

· Oct 2026
$895k
$806k – $985k
AI approach$860k
CAP approach$765k
Submarket $/SF estimate$932k
NOI build-up
Gross scheduled income$126
Vacancy & credit loss−$5
Operating expenses−$30
NOI · 0.01% cap applied$91

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$63 – $195
Qualifying comparables3

Cap rate analysis

How does the asset earn?
0.01%
$91 estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1
The B-1 district is intended to provide for office, retail, restaurant and service uses that are compatible with nearby residential areas...
General categoryCOMMERCIAL
JurisdictionLYNCHBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant19.6
Realty agency19.6
Auto Repair Shop17.0

Location

1928 Thomson Dr Lynchburg, VA 24501
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3901 Murray, Lynchburg, VA 24501-5064 $775,000 Apr 2025 8,640 SF
2600 Langhorne, Lynchburg, VA 24501-1604 $455,000 Mar 2025 6,424 SF
19492 Frst, Lynchburg, VA 24501-6956 $200,000 May 2024 9,100 SF
3616 Campbell, Lynchburg, VA 24501-4523 $200,000 Aug 2023 6,268 SF
3500 Powhatan, Lynchburg, VA 24501-6512 $1,014,000 Dec 2022 9,290 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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