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    Property profile & analytics

    2811 Rivermont Ave Lynchburg, VA 24503-1413

    • Apartment buildings
    • 11,739 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Dec 27, 2023
    Location Intelligence
    Property ID
    US87-1728636
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2811 Rivermont Ave

    Year built
    1916
    Construction
    FRAME
    Lot size
    0.37 lot acres
    Property size
    11,739 SF
    Zone code
    25
    Property type
    Apartment buildings
    APN
    019 01 001
    APU
    1901001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.1748
    Latitude
    37.437
    CBSA code
    31340
    CBSA name
    LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,918
    $73,200
    $367,000
    $440,200
    -
    $73,200
    $367,000
    $440,200

    Comparable in this City

    • Value Estimation by Request
      22,500 SF

      3901 Boonsboro Rd

      APARTMENT HOUSE (5+ UNITS) • 22,500 SF
      3901 Boonsboro Rd, Lynchburg, VA 24503-2468
      View Details
    • Value Estimation
      $730,000
      30,474 SF

      225 Coffee Rd

      APARTMENT HOUSE (5+ UNITS) • 30,474 SF
      225 Coffee Rd, Lynchburg, VA 24503-3849
      View Details
    • Value Estimation
      $1,030,000
      54,319 SF

      5001 Boonsboro Rd

      APARTMENT HOUSE (5+ UNITS) • 54,319 SF
      5001 Boonsboro Rd, Lynchburg, VA 24503-1801
      View Details
    • Value Estimation
      $740,000
      25,785 SF

      1925 Burnt Brg Rd

      APARTMENT HOUSE (5+ UNITS) • 25,785 SF
      1925 Burnt Brg Rd, Lynchburg, VA 24503-2244
      View Details
    • Value Estimation
      $3,145,000
      37,146 SF

      2244 Rivermont Ave

      APARTMENT HOUSE (5+ UNITS) • 37,146 SF
      2244 Rivermont Ave, Lynchburg, VA 24503-4130
      View Details
    • Value Estimation
      $655,000
      22,816 SF

      2455 Rivermont Ave

      APARTMENT HOUSE (5+ UNITS) • 22,816 SF
      2455 Rivermont Ave, Lynchburg, VA 24503-1540
      View Details

    Similar Nearby for Sale

    • $239,900
      0.09 Acres

      Renovated Duplex in Rivermont

      Charming, renovated duplex in prime Rivermont location, ideal for investment.
      507 Victoria Ave, Lynchburg, VA 24503
      View Details
    • $174,900
      2,176 SF

      Rivermont Home with Income Potential

      Classic Lynchburg home with separate apartment and updated features.
      1208 Dearing St, Lynchburg, VA 24503
      View Details
    • $849,000
      3 SF

      Victorian Office/Multifamily Property on Rivermont

      Early 1900s Victorian property in the heart of Rivermont Avenue.
      2525 Rivermont Ave Lynchburg, Lynchburg, VA 24503
      View Details
    • $179,000
      0.17 Acres

      Lynchburg Multi-Family Investment Opportunity

      Multi-family property near Downtown Lynchburg, ideal for investors.
      48 Easton Ave, Lynchburg, VA 24503
      View Details
    • $83,000
      0.20 Acres

      Buildable Lot in Rivermont

      Flat, buildable lot in desirable Rivermont neighborhood.
      111 Courtney Spg Dr, Lynchburg, VA 24503
      View Details
    • New
      $86,300
      Pending

      Residential Land in Rivermont Location

      Land in sought-after community with trail access, dining, and shopping.
      914 Elmwood Ave, Lynchburg, VA 24503
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Retail Space in Lynchburg Center

      Renovated retail space available in central Lynchburg shopping center.
      2828 Linkhorne Dr, Lynchburg, VA 24503
      View Details
    • $15 SF/Yr
      1,000 SF

      Prime Lynchburg Retail/Office Space

      Retail or office spaces with ample parking and premium upgrades.
      5998-6000 Boonsboro Rd, Lynchburg, VA 24503
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space in Lynchburg Center

      Renovated retail space available in central Lynchburg shopping center.
      2820 Linkhorne Dr, Lynchburg, VA 24503
      View Details
    • $22 SF/Yr
      1,400 SF

      Retail Suites in High-Income Area

      Two 1,400 SF retail suites available for lease.
      4327 Boonsboro Rd, Lynchburg, VA 24503
      View Details
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    2811 Rivermont Ave
    Lynchburg, VA 24503-1413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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