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Property profile & analytics
OFF-MARKET
Medical Office Space
1945 Thomson Dr Lynchburg, VA 24501-1025
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1517317
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Construction
FRAME
Total area
6,229 SF
Lot
0.68 ac (29,751 SF)
Zoning code
B1
APN
006 05 020
UPID
US87-1517317
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
-
Joiner Jr Murray E MD Physician
-
Pain Clinics in Virginia Self Pay 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
Gray Fox Enterprises LLC · 1 yrs held
Gray Fox Enterprises LLC
since 2024
Last sale
$210,000
4 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
$5,482
Tax year 2024
Assessed value
$616,000
Assessed 2024
Previous assessed
$616,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$136,600
Assessed improvement
$479,400
Land market value
$136,600
Improvement market value
$479,400
Total market value
$616,000
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
1974
Construction
FRAME
Heating
NONE
Buildings
1
Stories
2
Total area
6,229 SF
Lot
0.68 ac (29,751 SF)
Zoning code
B1
APN
006 05 020
UPID
US87-1517317
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
1974
Construction
FRAME
Heating
NONE
Stories
2
Buildings
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Gray Fox Enterprises LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2726 ELECTRIC RD STE #101, ROANOKE, VA 24018-3528
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2025
—
Gray Fox Enterprises LLC
—
Deed
related
$480,000 · C4t Fund I Series Of Fundviews
Sep 17, 2024
$210,000
Gray Fox Enterprises LLC
Robert Lovette Pressley
Bargain And Sale Deed
—
Dec 28, 2012
$411,462
Robert Lovette Pressley JR
Spreading Oak Development Company L
Deed
—
Dec 2, 2005
—
Spreading Oak Development Company L
Richard Riley Zechini
Deed
$472,500 · Richard Riley Zechini
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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