Property profile

2231 Langhorne Rd Lynchburg, VA 24501

OFF-MARKET
Drive through restaurants
Property ID
US87-1519292
3,425 SF 1.72 ac lot Built 1982
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1982
Total area 3,425 SF
Lot 1.72 ac (75,010 SF)
Zoning code B3
APN 005 04 003
UPID US87-1519292

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

2231 Langhorne Rd Lynchburg, VA 24501-1107
Lynchburg metro Census 300 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2010
1 recorded transaction
2010
$638,647

Zoning & alternative use

B3 · Lynchburg, VA
Zoning description

The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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