Property profile

512 5th St Lynchburg, VA 24504

OFF-MARKET
Turn key restaurants
Property ID
US87-1429483
8,745 SF 0.24 ac lot Built 1953
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1953
Total area 8,745 SF
Lot 0.24 ac (10,498 SF)
Zoning code B6
APN 024 21 003
UPID US87-1429483

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
  • (Bike/Boat/Book/etc) Store
  • Telecommunications Service Business Service Center
  • Wedding Service Photography Service

Location

512 5th St Lynchburg, VA 24504-2426
Lynchburg metro Census 600 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2021
Last sale
$360,000
4 recorded transactions
2021
$360,000
2011
Price N/A
2010
$263,000
2005
Price N/A

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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