Property profile

3848 Old Frst Rd Lynchburg, VA 24501

OFF-MARKET
Industrial land
Property ID
US87-1759632
0.42 ac lot
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.42 ac (18,295 SF)
Zoning code I3
APN 231 07 002
UPID US87-1759632

Cap rate & NOI

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

Location

3848 Old Frst Rd Lynchburg, VA 24501-6910
Lynchburg metro Census 201 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2016
1 recorded transaction
2016
$27,100

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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