Property profile

408 5th St Lynchburg, VA 24504

OFF-MARKET
Parking lots & garages
Property ID
US87-1517185
0.11 ac lot Built 2010
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2010
Lot 0.11 ac (4,574 SF)
Zoning code B6
APN 024 20 004
UPID US87-1517185

Cap rate & NOI

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

Location

408 5th St Lynchburg, VA 24504-2450
Lynchburg metro Census 500 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$970k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$965k

Owner & transaction history

since 2023
Last sale
$925,000
2 recorded transactions
2023
$925,000
2013
$370,000

Zoning & alternative use

B6 · 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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