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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Community centers
4018 Wards Rd Lynchburg, VA 24502-2975
Individually Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1485539
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Total area
17,760 SF
Lot
2.53 ac (109,989 SF)
Zoning code
9
APN
260 05 001
UPID
US87-1485539
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
-
Vinny’s Italian Grill & Pizzeria Restaurant
-
Firehouse Subs Wards Rd Take-out & Catering
-
Batteries Plus Auto Parts Store
-
T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Sport Clips Haircuts of Lynchburg - Shoppes at Wards Crossing Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$875k
Owner & transaction history
Gerald H Yospin · 17 yrs held
Gerald H Yospin
since 2008
5 recorded transactions
Zoning & alternative use
9 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+98.2%
Auto repair, garage
$1.2M
+69.9%
Industrial (general)
$735,000
+6.4%
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
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Current use
MEDICAL BUILDING
$1,370,000
Change: +98% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,175,000
Change: +70% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$735,000
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
$49 / 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
$45,319
Tax year 2024
Assessed value
$5,092,000
Assessed 2024
Previous assessed
$5,092,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,476,000
Assessed improvement
$3,616,000
Land market value
$1,476,000
Improvement market value
$3,616,000
Total market value
$5,092,000
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
1988
Heating
NONE
Buildings
1
Stories
1
Total area
17,760 SF
Lot
2.53 ac (109,989 SF)
Zoning code
9
APN
260 05 001
UPID
US87-1485539
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
9 · Lynchburg, VA
Zoning 9 · permitted uses
9 · 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
$690,000
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$735,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
1988
Heating
NONE
Stories
1
Buildings
1
Lot
2.53 ac
Current owner
From public records · entity-resolved
Gerald H Yospin
Individual
Mailing address
15621 GENITO RD, AMELIA COURT HOUSE, VA 23002-4336
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2017
—
Lynchburg Retail LLC
—
Deed
related
$3,150,000 · Genworth Life Insurance Company
Sep 2, 2008
—
Gerald H Yospin
Amelia Retail LLC
Deed Of Distribution
—
Aug 9, 2007
$2,900,000
Amelia Retail LLC
Whitaker Holdings LLC
Deed
$265,000 · First Capital Bank
Mar 15, 2005
—
Milton & Neal
Otis L Brent
Deed
—
Jan 5, 2005
—
Whitaker Holdings Lc
Milton & Neal
Deed
$375,000 · Bernard C Baldwin III Etal
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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