Property profile

3216 Frst Brk Rd Lynchburg, VA 24501

OFF-MARKET
Apartment buildings
Property ID
US87-1410271
4,174 SF 0.56 ac lot Built 1976
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1976
Construction FRAME
Total area 4,174 SF
Lot 0.56 ac (24,394 SF)
Zoning code R5
APN 220 16 005
UPID US87-1410271

Cap rate & NOI

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

Location

3216 Frst Brk Rd Lynchburg, VA 24501-3011
Lynchburg metro Census 204 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
$510k
Comparable Approach Comparable
$577k
Blend (final) Blend
$575k

Owner & transaction history

since 2024
Last sale
$575,000
3 recorded transactions
2026
Price N/A
2024
$575,000
2021
$276,000

Zoning & alternative use

R5 · Lynchburg, VA
Top alternative use upside
Auto repair, garage $850,000 +92.3%
Medical building $745,000 +68.6%
Commercial (general) $500,000 +13.6%

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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