Property profile

610 Commerce St Lynchburg, VA 24504

OFF-MARKET
Turn key restaurants
Property ID
US87-1769059
1,600 SF 0.26 ac lot Built 1947
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1947
Total area 1,600 SF
Lot 0.26 ac (11,151 SF)
Zoning code B6
APN 045 11 007
UPID US87-1769059

Cap rate & NOI

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

Location

610 Commerce St Lynchburg, VA 24504-1306
Lynchburg metro Census 500 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2021
Last sale
$325,000
3 recorded transactions
2021
$325,000
2019
$210,000
2009
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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