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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Medical Office Space
4011 Wards Rd Lynchburg, VA 24502-2943
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1641739
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Total area
5,226 SF
Lot
1.4 ac (60,984 SF)
Zoning code
B5C
APN
260 03 010
UPID
US87-1641739
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
-
Aspen Dental - Lynchburg, VA Dental Office
-
Stephanie Nichols DMD Dental Office
-
Xiaoying Deng Dental Office
-
Baha Qablawi Dental Office
-
Dr. Tehrim Naseer Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$552k
Blend (final)
Blend
$805k
Owner & transaction history
Seyr Ltd · 7 yrs held
Seyr Ltd
since 2019
4 recorded transactions
Zoning & alternative use
B5C · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.3M
+34.4%
Restaurant
$1.1M
+18.9%
Auto repair, garage
$1.1M
+14.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$930,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,250,000
Change: +34% · Conversion: Moderate
RESTAURANT
$1,105,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,060,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$850,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$805,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$154 / 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
$21,138
Tax year 2024
Assessed value
$2,375,000
Assessed 2024
Previous assessed
$2,375,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$980,000
Assessed improvement
$1,395,000
Land market value
$980,000
Improvement market value
$1,395,000
Total market value
$2,375,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Heating
NONE
Buildings
1
Stories
1
Total area
5,226 SF
Lot
1.4 ac (60,984 SF)
Zoning code
B5C
APN
260 03 010
UPID
US87-1641739
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B5C · Lynchburg, VAZoning B5C · permitted uses
B5C · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$930,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$805,000
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (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
2002
Heating
NONE
Stories
1
Buildings
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
Seyr Ltd
Individual
Mailing address
3471 MAIN HWY APT #622, MIAMI, FL 33133-5930
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2024
—
Seyr Ktd
—
Deed
related
$1,750,000 · Ocean Bank
Jun 7, 2019
$1,853,200
Seyr Ltd
Lynchburg Sab LLC
Special Warranty Deed
$1,890,000 · Truliant FCU
Oct 12, 2017
$1,178,000
Lynchburg Sab LLC
Ber Real Estate Investments I LLC
Special Warranty Deed
$19,950 · Silver Capital Commercial Funding L
May 23, 2017
$695,985
Ber Real Estate Investments I LLC
Bob Evans Farms LLC
Special Warranty Deed
$200,000,000 · Wells Fargo Bank NA
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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