Property profile

2406 12th St Lynchburg, VA 24501

OFF-MARKET
Retail space
Property ID
US87-1438862
4,360 SF 0.12 ac lot Built 1931
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1931
Construction FRAME
Total area 4,360 SF
Lot 0.12 ac (5,271 SF)
Zoning code I2
APN 027 25 023
UPID US87-1438862

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
  • Barber Shop

Location

2406 12th St Lynchburg, VA 24501-5706
Lynchburg metro Census 700 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2023
Last sale
$130,000
2 recorded transactions
2023
$130,000
2011
Price N/A

Zoning & alternative use

I2 · Lynchburg, VA
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

General category INDUSTRIAL

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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