Property profile

6101 Boonsboro Rd Lynchburg, VA 24503

OFF-MARKET
Retail space
Property ID
US87-1416736
4,888 SF 1 ac lot Built 1945
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Construction FRAME
Total area 4,888 SF
Lot 1 ac (43,386 SF)
Zoning code B3
APN 206 03 004
UPID US87-1416736

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
  • Gym & Fitness Center
  • Plumbing Service General Contractor

Location

6101 Boonsboro Rd Lynchburg, VA 24503-3717
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
$509k
Blend (final) Blend
$300k

Owner & transaction history

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
Commercial (general) $635,000 +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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