Property profile

311 Blackford St Lynchburg, VA 24504

OFF-MARKET
Parking lots & garages
Property ID
US87-1746177
0.69 ac lot Built 1975
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1975
Lot 0.69 ac (30,100 SF)
Zoning code R3
APN 023 13 012
UPID US87-1746177

Cap rate & NOI

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

Location

311 Blackford St Lynchburg, VA 24504
Lynchburg metro Census 400 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

since 2021
Last sale
$600,000
3 recorded transactions
2021
Price N/A
2021
Price N/A
2020
$600,000

Zoning & alternative use

R3 · Lynchburg, VA
Zoning description

The R-3 district is intended to provide for residential development and other compatible uses at medium densities in areas with adequate infrastructure and access to public and commercial services

General category COMMERCIAL

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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