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Property profile & analytics
OFF-MARKET
Warehouses
3024 Avalon St Lynchburg, VA 24501
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US87-1435336
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
2005
Lot
0.94 ac (40,859 SF)
Zoning code
I3
APN
113 02 016
UPID
US87-1435336
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
-
Francis Oil Fuel Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gsl 1 LLC · 20 yrs held
Gsl 1 LLC
since 2006
2 recorded transactions
Zoning & alternative use
I3 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I-3 district is intended to provide for industrial and other activities which produce the highest levels of objectionable characteristics permitted under federal and state air and water pollution regulations
Zone name
Heavy Industrial District
General category
INDUSTRIAL
Zone area
1,918.65 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$938
Tax year 2024
Assessed value
$105,400
Assessed 2024
Previous assessed
$105,400
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$46,900
Assessed improvement
$58,500
Land market value
$46,900
Improvement market value
$58,500
Total market value
$105,400
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
Warehouses
Use group
BULK STORAGE, TANKS
Status
Off-Market
Year built
2005
Heating
NONE
Lot
0.94 ac (40,859 SF)
Zoning code
I3
APN
113 02 016
UPID
US87-1435336
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
I3 · Lynchburg, VAZoning I3 · permitted uses
I3 · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I-3 district is intended to provide for industrial and other activities which produce the highest levels of objectionable characteristics permitted under federal and state air and water pollution regulations
Zone name
Heavy Industrial District
General category
INDUSTRIAL
Zone area
1,918.65 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Lot
0.94 ac
Current owner
From public records · entity-resolved
Gsl 1 LLC
Entity
Mailing address
PO BOX 389, BROOKNEAL, VA 24528-0389
Ownership since
2006
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
Apr 4, 2006
—
Gsl 1 LLC
Francis Oil Service INC
Deed
$119,200 · The Bank Of Charlotte County
Sep 30, 2005
—
Francis Oil Service INC
Curtis M Talbott
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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