Property profile

4038 Wards Rd Lynchburg, VA 24502

OFF-MARKET
Turn key restaurants
Property ID
US87-1663926
8,109 SF 2.96 ac lot Built 2003
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Construction FRAME
Total area 8,109 SF
Lot 2.96 ac (129,025 SF)
Zoning code 10
APN 257 05 018
UPID US87-1663926

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

4038 Wards Rd Lynchburg, VA 24502-2944
Lynchburg metro Census 1601 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.27M

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Zoning & alternative use

10 · Lynchburg, VA
Top alternative use upside
Apartment house (5+ units) $1.9M +13.0%

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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