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Property profile & analytics
OFF-MARKET
Manufacturing properties
205 Graves Ml Rd Lynchburg, VA 24502-4203
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1678583
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1945
Construction
FRAME
Total area
1,869 SF
Lot
1.76 ac (76,622 SF)
Zoning code
I2
APN
244 03 001
UPID
US87-1678583
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Oflynchburg · 14 yrs held
City Oflynchburg
since 2011
1 recorded transaction
Zoning & alternative use
I2 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I-2 district is intended to provide for industrial uses of a variety of types that produce relatively low levels of smoke, smell, noise, light, dust and other nuisances
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
1,326.09 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
$5,223
Tax year 2024
Assessed value
$586,800
Assessed 2024
Previous assessed
$586,800
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$175,900
Assessed improvement
$410,900
Land market value
$175,900
Improvement market value
$410,900
Total market value
$586,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1945
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
2
Stories
1
Rooms
6
Bathrooms
1
Total area
1,869 SF
Lot
1.76 ac (76,622 SF)
Zoning code
I2
APN
244 03 001
UPID
US87-1678583
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
I2 · Lynchburg, VAZoning I2 · permitted uses
I2 · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I-2 district is intended to provide for industrial uses of a variety of types that produce relatively low levels of smoke, smell, noise, light, dust and other nuisances
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
1,326.09 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1945
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
City Oflynchburg
Entity
Free & Clear · 14 yrs held
Mailing address
237 GRAVES ML RD, LYNCHBURG, VA 24502-4203
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2011
—
City Oflynchburg
Belvac Production Machinery INC
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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