Property profile

4042 Wards Rd Lynchburg, VA 24502

OFF-MARKET
Turn key restaurants
Property ID
US87-1713015
7,323 SF 2.61 ac lot Built 2001
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A single-tenant retail restaurant property in Lynchburg, Virginia (7587 square feet), located on Wards Road directly across from Liberty University. The site is near Lynchburg Highway, and the area is characterized by high vehicular traffic, with Wards Road and Lynchburg Highway measuring approximately 41,000 and 52,000 vehicles per day respectively. The property is situated within a retail corridor that includes national retailers, with nearby big-box anchors such as Walmart, Target, and Sam’s Club. The building is set up for continued operation as a full-service casual dining restaurant and has been undergoing renovations.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Total area 7,323 SF
Lot 2.61 ac (113,866 SF)
Zoning code B5C
APN 257 05 017
UPID US87-1713015

Cap rate & NOI

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

Location

4042 Wards Rd Lynchburg, VA 24502-2944
Lynchburg metro Census 1601 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2026
Last sale
$2.7M
4 recorded transactions
2026
Price N/A
2026
$4.2M
2025
$2.7M
2011
$2.0M

Zoning & alternative use

B5C · Lynchburg, VA

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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