Property profile

4046 Wards Rd Lynchburg, VA 24502

OFF-MARKET
Turn key restaurants
Property ID
US87-1523684
8,032 SF 2.44 ac lot Built 2001
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Total area 8,032 SF
Lot 2.44 ac (106,330 SF)
Zoning code B5C
APN 257 05 005
UPID US87-1523684

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
  • Restaurant Take-out & Catering

Location

4046 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
$1.13M
Blend (final) Blend
$1.25M

Owner & transaction history

since 2017
4 recorded transactions
2017
$3.7M
2015
$3.4M
2007
$3.1M
2007
$2.7M

Zoning & alternative use

B5C · 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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