Property profile & analytics
4038 Wards Rd Lynchburg, VA 24502-2944
- Turn key restaurants
- 8,109 SF
- 2.96 lot acres
OFF-MARKET
Value Estimations
$1,270,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US87-1663926
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Olive Garden Italian Restaurant / Restaurant
Property Details for 4038 Wards Rd
- Year built
- 2003
- Construction
- FRAME
- Lot size
- 2.96 lot acres
- Property size
- 8,109 SF
- Zone code
- 10
- Property type
- Turn key restaurants
- APN
- 257 05 018
- APU
- 25705018
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,137,000
Market price range: $513k - $1.24M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,720,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,940,000 Change: +13% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,650,000 Change: -4% Conversion: Difficult
- MEDICAL BUILDING
- $1,445,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lynchburg
- County
- Lynchburg City
- State
- Virginia
- Longitude
- -79.1894
- Latitude
- 37.3451
- CBSA code
- 31340
- CBSA name
- LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,328
$1,696,200
$1,823,800
$3,520,000
-
$1,696,200
$1,823,800
$3,520,000
