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Property profile

319 Chapel Ln Lynchburg, VA 24501

OFF-MARKET
Commercial real estate
Property ID
US87-1601515
8.68 ac lot Built 1997
Individually Owned 5-yr Hold Absentee Owner Free & Clear

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1997
Lot 8.68 ac (378,231 SF)
Zoning code I3
APN 226 15 020
UPID US87-1601515

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
  • Radio Station Telecommunications Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2021
2 recorded transactions
2021
$16,439
2018
Price N/A

Zoning & alternative use

I3 · Lynchburg, VA
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

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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