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Property profile

3617 Old Frst Rd Lynchburg, VA 24501

OFF-MARKET
Medical Office Space
Property ID
US87-1732815
4,818 SF 1.07 ac lot Built 1991
Last sale May 2025 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,818-square-foot medical office building presents a unique investment opportunity. Situated on a 1.066-acre lot at the corner of a well-established commercial corridor, this single-tenant property offers unparalleled convenience and visibility. Built in 1991 and extensively renovated in 2020, the building boasts a modern layout ideal for medical practices. The current configuration includes spacious waiting and reception areas, multiple exam rooms, nurses' stations, private…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$1.06M
Assessed land$320k
Assessed improvement$736k
Effective rate0.89%

Value estimate

· Nov 2026
$1.17M
$1.05M – $1.28M
AI approach$1.27M
CAP approach$920k
Submarket $/SF estimate$1.17M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$111 – $242
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1
The B-1 district is intended to provide for office, retail, restaurant and service uses that are compatible with nearby residential areas...
General categoryCOMMERCIAL
JurisdictionLYNCHBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.0
Plumbing Service9.0
Tailor Shop9.0

Location

3617 Old Frst Rd Lynchburg, VA 24501
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3709 Old Frst, Lynchburg, VA 24501-6902 $1,600,000 Jan 2025 5,693 SF
1945 Thomson, Lynchburg, VA 24501-1025 $210,000 Sep 2024 6,229 SF
2728 Old Frst, Lynchburg, VA 24501-2445 $1,255,000 Jun 2024 4,864 SF
1817 Langhorne, Lynchburg, VA 24501-1017 $755,000 Dec 2020 6,665 SF
2007 Tate Spgs, Lynchburg, VA 24501-1111 $473,000 Aug 2020 5,100 SF
1934 Thomson, Lynchburg, VA 24501-1028 $395,000 Aug 2020 4,888 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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