Financial
Distress signals
Property profile

2007 Tate Spgs Rd Lynchburg, VA 24501

OFF-MARKET
Medical Office Space
Property ID
US87-1561238
5,100 SF 0.59 ac lot Built 1967
Last sale Aug 2020 · $473,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$493k
Assessed land$148k
Assessed improvement$346k
Effective rate0.89%

Value estimate

· Sep 2026
$590k
$531k – $649k
AI approach$680k
Submarket $/SF estimate$565k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$178/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$111 – $242

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.3
Auto Parts Store9.7
Electrical Service9.7

Location

2007 Tate Spgs Rd Lynchburg, VA 24501-1111
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3709 Old Frst, Lynchburg, VA 24501-6902 $1,600,000 Jan 2025 5,693 SF
1945 Thomson, Lynchburg, VA 24501-1025 $210,000 Sep 2024 6,229 SF
2728 Old Frst, Lynchburg, VA 24501-2445 $1,255,000 Jun 2024 4,864 SF
105 Richeson, Lynchburg, VA 24501-2929 $650,000 Dec 2021 7,482 SF
1817 Langhorne, Lynchburg, VA 24501-1017 $755,000 Dec 2020 6,665 SF
1934 Thomson, Lynchburg, VA 24501-1028 $395,000 Aug 2020 4,888 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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