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Property profile & analytics
OFF-MARKET
Estimated value
$16,710,000
Medical Office Space
2405 Atherholt Rd Lynchburg, VA 24501-2184
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US87-1392955
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
86,855 SF
Lot
10.68 ac (465,090 SF)
Zoning code
B1C
APN
005 01 017
UPID
US87-1392955
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
-
OrthoVirginia: Lynchburg Medical Clinic
-
Michael J. Diminick, M.D. Physician
-
OrthoVirginia Ortho On Call: Lynchburg Medical Clinic
-
Donald A. Reagan, DPT Physician
-
Joseph Orchowski, M.D., FAOA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.63M
Comparable Approach
Comparable
$21.02M
Blend (final)
Blend
$16.71M
Owner & transaction history
Mmac Fca Lynchburg Spe LLC · 7 yrs held
Mmac Fca Lynchburg Spe LLC
since 2019
2 recorded transactions
Zoning & alternative use
B1C · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$18.4M
+18.9%
Auto repair, garage
$17.7M
+14.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$18,010,000
6.5%
$16,625,000
7%
$15,435,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$15,475,000
Current use
RESTAURANT
$18,400,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,650,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$16.71M
Range $15.04M – $18.38M · ±10%
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
$192 / 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
$237,561
Tax year 2024
Assessed value
$26,692,300
Assessed 2024
Previous assessed
$26,692,300
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,436,800
Assessed improvement
$25,255,500
Land market value
$1,436,800
Improvement market value
$25,255,500
Total market value
$26,692,300
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
2008
Heating
NONE
Buildings
1
Stories
3
Total area
86,855 SF
Lot
10.68 ac (465,090 SF)
Zoning code
B1C
APN
005 01 017
UPID
US87-1392955
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B1C · Lynchburg, VAZoning B1C · permitted uses
B1C · Lynchburg, VA
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
MEDICAL BUILDING Current
Est. value
$15.5M
RESTAURANT
Est. value
$18.4M
AUTO REPAIR, GARAGE
Est. value
$17.7M
MEDICAL BUILDING Current
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
2008
Heating
NONE
Stories
3
Buildings
1
Lot
10.68 ac
Current owner
From public records · entity-resolved
Mmac Fca Lynchburg Spe LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2022
—
Mmac Fca Lynchburg Spe LLC
—
Deed
related
$75,000,000 · Capital One NA
Jul 16, 2019
$29,000,000
Mmac Fca Lynchburg Spe LLC
Central Virginia Professional Assoc
Special Warranty Deed
$62,095,695 · Capital One NA
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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