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Property profile & analytics
OFF-MARKET
Estimated value
$13,250,000
Apartment buildings
201 Capital St Lynchburg, VA 24502
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-2210677
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2009
Construction
FRAME
Total area
95,792 SF
Lot
3.28 ac (142,877 SF)
APN
263 15 596
UPID
US87-2210677
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.25M
CAP Approach
CAP
$11.70M
Comparable Approach
Comparable
$11.55M
Blend (final)
Blend
$13.25M
Owner & transaction history
Lynchburg 102 LLC · 2 yrs held
Lynchburg 102 LLC
since 2024
Last sale
$13.3M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Method
Estimation
Statistic approach
$13,250,000
ML approach
$13,250,000
CAP Approach
CAP Return
Estimation
6%
$12,675,000
6.5%
$11,700,000
7%
$10,865,000
Alternative Use
Use
Estimation
RESTAURANT
$20,295,000
Change: -12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$19,465,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$13.25M
Range $11.93M – $14.58M · ±10% · vs last sale $13.25M (Jun 17 2024)
Last sale anchor
$13.25M
Jun 17 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$138 / SF
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
$92,262
Tax year 2024
Assessed value
$10,366,500
Assessed 2024
Previous assessed
$10,366,500
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,540,000
Assessed improvement
$8,826,500
Land market value
$1,540,000
Improvement market value
$8,826,500
Total market value
$10,366,500
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
NONE
Buildings
4
Stories
3
Rooms
28
Total area
95,792 SF
Lot
3.28 ac (142,877 SF)
APN
263 15 596
UPID
US87-2210677
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$20.3M
AUTO REPAIR, GARAGE
Est. value
$19.5M
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
NONE
Stories
3
Buildings
4
Rooms
28
Lot
3.28 ac
Current owner
From public records · entity-resolved
Lynchburg 102 LLC
Entity
Mailing address
673 POTOMAC STA DR NE #148, LEESBURG, VA 20176-1819
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2024
$1,325,000
Lynchburg 102 LLC
Maddox Properties LLC
Bargain And Sale Deed
$9,541,000 · Berkadia Commercial Mtg LLC
May 12, 2020
—
Maddox Properties LLC
—
Deed
related
$5,100,000 · Ameritas Life Insurance Corp
Feb 1, 2013
—
Maddox Properties LLC
Maddox & Son Construction INC
Gift Deed
related
$3,450,000 · Franklin Fsb
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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