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Property profile & analytics
OFF-MARKET
Estimated value
$8,925,000
Automotive properties
2639 Lakeside Dr Lynchburg, VA 24501-6944
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1461786
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2006
Total area
26,274 SF
Lot
5.08 ac (221,372 SF)
Zoning code
B5C
APN
231 10 002
UPID
US87-1461786
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
-
Billy Craft Chysler Dodge Jeep Ram Service Center Auto Repair Shop
-
CMA's Chrysler Dodge Jeep RAM of Lynchburg Car Dealership Auto Repair Shop
-
Billy Craft Chrysler Dodge Jeep Ram Parts Center Auto Parts Store
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
CMA's Chrysler Dodge Jeep RAM of Lynchburg Service Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.04M
Blend (final)
Blend
$8.93M
Owner & transaction history
Cma Properties INC · 3 yrs held
Cma Properties INC
since 2022
Last sale
$8.9M
3 recorded transactions
Zoning & alternative use
B5C · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.6M
+4.3%
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
$9,305,000
ML approach
$8,960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,565,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$8.93M
Range $8.03M – $9.82M · ±10% · vs last sale $8.85M (Sep 2 2022)
Last sale anchor
$8.85M
Sep 2 2022
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
$340 / 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
$43,239
Tax year 2024
Assessed value
$4,858,300
Assessed 2024
Previous assessed
$4,466,000
+8.8% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,854,100
Assessed improvement
$3,004,200
Land market value
$1,854,100
Improvement market value
$3,004,200
Total market value
$4,858,300
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2006
Heating
NONE
Buildings
1
Stories
1
Total area
26,274 SF
Lot
5.08 ac (221,372 SF)
Zoning code
B5C
APN
231 10 002
UPID
US87-1461786
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B5C · Lynchburg, VA
Zoning B5C · permitted uses
B5C · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynchburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.6M
RESTAURANT
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
2006
Heating
NONE
Stories
1
Buildings
1
Lot
5.08 ac
Current owner
From public records · entity-resolved
Cma Properties INC
Entity
Free & Clear · 3 yrs held
Mailing address
100 MYERS DR, CHARLOTTESVILLE, VA 22901-1166
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Sep 2, 2022
$8,850,000
Cma Properties INC
Clarion Investments LLC
Special Warranty Deed
—
Jan 19, 2017
—
Clarion Investments LLC
—
Deed
related
$1,986,666 · Branch Banking And Trust Co
Apr 20, 2006
—
City Of Lynchburg
Clarion Investments LLC
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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