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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Community centers
3919 Wards Rd Lynchburg, VA 24502-4041
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1747538
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Total area
14,965 SF
Lot
1.58 ac (68,912 SF)
Zoning code
B5
APN
257 02 006
UPID
US87-1747538
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
Current use
Occupant on record · Public records
-
Jersey Mike's Subs Take-out & Catering
-
The Vitamin Shoppe (Bike/Boat/Book/etc) Store Pharmacy
-
Verizon Mobile Phone Store Electronics & Wireless Store
-
Verizon Business Services Business To Business Service
-
Noodles and Company Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$875k
Owner & transaction history
City Of Lynchburg · 14 yrs held
City Of Lynchburg
since 2011
3 recorded transactions
Zoning & alternative use
B5 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.4M
+138.7%
Medical building
$1.2M
+98.2%
Auto repair, garage
$990,000
+69.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$580,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,390,000
Change: +139% · Conversion: Difficult
MEDICAL BUILDING
$1,155,000
Change: +98% · Conversion: Difficult
AUTO REPAIR, GARAGE
$990,000
Change: +70% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$620,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$58 / SF
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
$47,045
Tax year 2024
Assessed value
$5,286,000
Assessed 2024
Previous assessed
$5,286,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,107,400
Assessed improvement
$4,178,600
Land market value
$1,107,400
Improvement market value
$4,178,600
Total market value
$5,286,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
1
Stories
1
Rooms
6
Total area
14,965 SF
Lot
1.58 ac (68,912 SF)
Zoning code
B5
APN
257 02 006
UPID
US87-1747538
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B5 · Lynchburg, VA
Zoning B5 · permitted uses
B5 · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynchburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$580,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$990,000
INDUSTRIAL (GENERAL)
Est. value
$620,000
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Buildings
1
Rooms
6
Lot
1.58 ac
Current owner
From public records · entity-resolved
City Of Lynchburg
Entity
Free & Clear · 14 yrs held
Mailing address
13900 EASTBLUFF RD, MIDLOTHIAN, VA 23112-2040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2011
—
City Of Lynchburg
Midatlanticlynchburg LLC
Deed
—
Dec 28, 2006
$1,100,000
Mid Atlantic Lynchburg LLC
Eastern Heights LLC
Deed
—
Nov 2, 2005
$175,000
Swift Creek Capitol LLC
Eastern Heights LLC
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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