Technical
Financial
Distress signals
Property profile

311 Rivermont Ave Lynchburg, VA 24504

OFF-MARKET
Commercial real estate
Property ID
US87-1567744
13,830 SF 0.26 ac lot Built 1902
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1902
Construction FRAME
Total area 13,830 SF
Lot 0.26 ac (11,317 SF)
Zoning code B2
APN 023 27 001
UPID US87-1567744

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Gym & Fitness Center
  • Foster Care Service Social Service Agency
  • Publishing House
  • Theater & Performing Art Venue Nightclub

Location

311 Rivermont Ave Lynchburg, VA 24504-2336
Lynchburg metro Census 400 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$950k
CAP Approach CAP
by Request
Comparable Approach Comparable
$981k
Blend (final) Blend
$935k

Owner & transaction history

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

Zoning & alternative use

B2 · Lynchburg, VA

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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