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    Property profile & analytics

    306 Border St Lynchburg, VA 24502-2208

    • Warehouses
    • 4.89 lot acres
    OFF-MARKET
    Value Estimation
    $1,430,000
    Last Sale
    Mar 21, 2022
    $1,400,000
    Location Intelligence
    Property ID
    US87-1579481
    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

    • Extra Space Storage / Rv Storage Facility / Storage Facility
    • Border Storage Lynchburg / Self-Storage Facility

    Property Details for 306 Border St

    Year built
    2024
    Lot size
    4.89 lot acres
    Zone code
    I2
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    116 04 003
    APU
    11604003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,225,000
      6.5%
      $1,410,000
      7%
      $1,335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,315,000
      Geo Method
      $1,165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,555,000
      Retail
      $1,270,000
      Mixed-Use
      $1,250,000
      Hospitality
      $1,535,000
      Educational
      $1,475,000
      Residential Income
      $1,475,000
      Energy
      $1,410,000
      Income-Based Land
      $1,140,000
      Food Service
      $1,450,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.1781
    Latitude
    37.371
    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
    $99,110
    $1,221,800
    $9,914,200
    $11,136,000
    -
    $1,221,800
    $9,914,200
    $11,136,000

    Comparable in this City

    • Value Estimation
      $6,780,000
      4.83 Acres

      1000 Creekside Ln

      MINI-WAREHOUSE, STORAGE • 4.83 Acres
      1000 Creekside Ln, Lynchburg, VA 24502
      View Details
    • Value Estimation by Request
      46,133 SF

      8117 Timberlake Rd

      MINI-WAREHOUSE, STORAGE • 46,133 SF
      8117 Timberlake Rd, Lynchburg, VA 24502-2607
      View Details
    • Value Estimation by Request
      55,030 SF

      7401 Timberlake Rd

      MINI-WAREHOUSE, STORAGE • 55,030 SF
      7401 Timberlake Rd, Lynchburg, VA 24502-2320
      View Details
    • Value Estimation
      $245,000
      3,240 SF

      2533 Wards Rd

      MINI-WAREHOUSE, STORAGE • 3,240 SF
      2533 Wards Rd, Lynchburg, VA 24502
      View Details
    • Value Estimation by Request
      1,415 SF

      102 Edgeway Dr

      MINI-WAREHOUSE, STORAGE • 1,415 SF
      102 Edgeway Dr, Lynchburg, VA 24502
      View Details
    • Value Estimation
      $1,335,000
      55,450 SF

      7316 Timberlake Rd

      MINI-WAREHOUSE, STORAGE • 55,450 SF
      7316 Timberlake Rd, Lynchburg, VA 24502-2319
      View Details

    Similar Nearby for Sale

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      Lynchburg Industrial Development Site

      4.7 Acres, $299,000, High Visibility
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      High-traffic Lynchburg land, great access.
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      Commercial Land Near Airport

      Commercial land with road frontage near Lynchburg Regional Airport.
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      Commercial Land with Highway Access

      Commercial land with completed site improvements and highway access.
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    Similar Nearby for Lease

    • Contact for pricing
      88 SF

      Warehouse and Office Space Available

      Office and storage units with internet, parking, and common areas.
      503 Old Plantation Dr, Lynchburg, VA 24502
      View Details
    • $12 SF/Yr
      8,250 SF

      Sublease Office Space Available

      8,250 SF office space for sublease with elevator access.
      7701-7703 Timberlake Rd, Lynchburg, VA 24502
      View Details
    • $16 SF/Yr
      4,895 SF

      Wyndhurst Office Space Available

      Sublease available in Wyndhurst through 9/30/2024.
      103 Paulette Cir, Lynchburg, VA 24502
      View Details
    • $8,000 /Mo
      7,100 SF

      Restaurant Building on Corner Parcel

      7,100 SF restaurant on 1.48 AC corner parcel for rent.
      2819 Candlers Mountain Rd, Lynchburg, VA 24502
      View Details
    • Contact for pricing

      Lynchburg Land Parcel For Lease

      3.63-acre parcel zoned for manufacturing, distribution, and storage.
      1306 Wards Ferry Rd, Lynchburg, VA 24502
      View Details
    • Contact for pricing
      90,000 SF

      Rosedale Mixed-Use Development

      Lynchburg, VA: Prime Retail & Office
      1600 Graves Mill Rd, Lynchburg, VA 24502
      View Details
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    306 Border St
    Lynchburg, VA 24502-2208
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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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