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Property profile & analytics
OFF-MARKET
Warehouses
3705 Parkwood Ave Lynchburg, VA 24501
Entity Owned
3-yr Hold
Free & Clear
Property ID
US87-1579802
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
1954
Total area
9,715 SF
Lot
3.32 ac (144,619 SF)
Zoning code
B5
APN
111 11 001
UPID
US87-1579802
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wrf 200 Durham Street LLC · 3 yrs held
Wrf 200 Durham Street LLC
since 2022
Last sale
$407,600
1 recorded transaction
Zoning & alternative use
B5 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The B-5 district is intended to provide for a variety of commercial and similar uses that require large sites and which often produce substantial nuisance effects
Zone name
General Business District
General category
COMMERCIAL
Zone area
1,269.55 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynchburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,966
Tax year 2024
Assessed value
$558,000
Assessed 2024
Previous assessed
$558,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$193,200
Assessed improvement
$364,800
Land market value
$193,200
Improvement market value
$364,800
Total market value
$558,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Status
Off-Market
Year built
1954
Heating
NONE
Buildings
1
Stories
1
Total area
9,715 SF
Lot
3.32 ac (144,619 SF)
Zoning code
B5
APN
111 11 001
UPID
US87-1579802
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B5 · Lynchburg, VAZoning B5 · permitted uses
B5 · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The B-5 district is intended to provide for a variety of commercial and similar uses that require large sites and which often produce substantial nuisance effects
Zone name
General Business District
General category
COMMERCIAL
Zone area
1,269.55 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1954
Heating
NONE
Stories
1
Buildings
1
Lot
3.32 ac
Current owner
From public records · entity-resolved
Wrf 200 Durham Street LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 190, BROOKNEAL, VA 24528-0190
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
$407,600
Wrf 200 Durham Street LLC
Jimaco LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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