Property profile

2975 Carroll Ave Lynchburg, VA 24501

OFF-MARKET
Industrial land
Property ID
US87-1867109
20.07 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 20.07 ac (874,206 SF)
Zoning code I2
APN 051 05 027
UPID US87-1867109

Cap rate & NOI

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

Location

2975 Carroll Ave Lynchburg, VA 24501-4912
Lynchburg metro Census 1400 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2024
Last sale
$200,000
3 recorded transactions
2024
$200,000
2018
$315,000
2011
$105,000

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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