Property profile

4901 Ft Ave Lynchburg, VA 24502

OFF-MARKET
Turn key restaurants
Property ID
US87-0293805
1,920 SF 0.43 ac lot Built 1970
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Total area 1,920 SF
Lot 0.43 ac (18,905 SF)
Zoning code B3
APN 055 06 004
UPID US87-0293805

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

Location

4901 Ft Ave Lynchburg, VA 24502-1507
Lynchburg metro Census 1000 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2022
Last sale
$280,000
3 recorded transactions
2022
Price N/A
2021
$280,000
2009
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

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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