Property profile

4109 Boonsboro Rd Lynchburg, VA 24503

OFF-MARKET
Retail space
Property ID
US87-1526940
11,546 SF 0.42 ac lot Built 1955
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Total area 11,546 SF
Lot 0.42 ac (18,426 SF)
Zoning code B3
APN 184 12 002
UPID US87-1526940

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
  • Spa & Massage Center
  • Real Estate Agency
  • Real Estate Agency

Location

4109 Boonsboro Rd Lynchburg, VA 24503-2307
Lynchburg metro Census 201 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
$1.43M
Blend (final) Blend
$1.18M

Owner & transaction history

since 2020
Last sale
$17,000
4 recorded transactions
2020
$17,000
2020
Price N/A
2020
Price N/A
2012
Price N/A

Zoning & alternative use

B3 · Lynchburg, VA
Zoning description

The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $1.6M +16.7%
Commercial (general) $1.5M +10.7%

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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