Realmo Analytics

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Property profile

5218 Fort Ave Lynchburg, VA 24502

FOR SALE
Retail space
Property ID
US87-0564064
4,123 SF 0.16 ac lot Built 1953
Last sale Apr 2026 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4,500 square foot retail property, located at 5218 Fort Avenue in Lynchburg, Virginia, presents a unique investment opportunity. Currently operating as a successful window replacement company, this high-traffic location boasts excellent visibility, ensuring strong customer flow. The property sits on a 0.16-acre lot and offers substantial storage space, ideal for inventory or additional business needs. Recent improvements include a newly remodeled bathroom, enhancing the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$190k
Assessed land$153k
Assessed improvement$37k
Effective rate0.89%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 11.09% cap applied$23k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$163/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$79 – $237
Qualifying comparables4

Cap rate analysis

How does the asset earn?
11.09%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B3
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
General categoryCOMMERCIAL
JurisdictionLYNCHBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.7
Dental Office14.8
Kitchen & Bath10.6

Location

5218 Fort Ave Lynchburg, VA 24502
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1613 Enterprise, Lynchburg, VA 24502-5797 $300,000 Dec 2024 3,600 SF
1603 Enterprise, Lynchburg, VA 24502-5753 $223,000 Jul 2024 3,654 SF
121 Northwynd, Lynchburg, VA 24502-2982 $475,000 Nov 2023 3,108 SF
2209 Wards, Lynchburg, VA 24502-5313 $1,500,000 Nov 2023 4,590 SF
111 Tradewynd, Lynchburg, VA 24502-3112 $600,000 Feb 2022 2,950 SF
5220 Ft, Lynchburg, VA 24502-1610 $200,000 Aug 2021 4,712 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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