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Property profile

6113 Boonsboro Rd Lynchburg, VA 24503

FOR LEASE
Other retail properties
Property ID
US87-1667207
9,301 SF 1.2 ac lot Built 2013
Last sale Feb 2026 · $1,260,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail investment building constructed in 2013 and operated under a triple-net lease structure (NNN) with the tenant being Dollar General Corporation. The site is located at 6113 Boonsboro Rd in Lynchburg, Virginia, in an area that includes residential neighborhoods and retail and dining amenities, with proximity to Lynchburg City Stadium and other local cultural and recreational destinations. The property is positioned to provide access to major roadways within the Lynchburg regional area.

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?
$11k
Tax billed · 2024
Assessed value$1.22M
Assessed land$210k
Assessed improvement$1.01M
Effective rate0.89%

Value estimate

· Oct 2026
$1.47M
$1.32M – $1.62M
CAP approach$1.74M
Submarket $/SF estimate$1.61M
NOI build-up
Gross scheduled income$164k
Vacancy & credit loss−$6k
Operating expenses−$47k
NOI · 8.82% cap applied$110k

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

Recently sold

What actually traded nearby?
$117/SF
Submarket average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$51 – $174
Qualifying comparables4

Cap rate analysis

How does the asset earn?
8.82%
$110k 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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.1
Dental Office12.8
Realty agency11.8

Location

6113 Boonsboro Rd Lynchburg, VA 24503
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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2820 Linkhorne, Lynchburg, VA 24503-3347 $6,000,000 Oct 2024 39,700 SF
2303 Bedford, Lynchburg, VA 24503-2706 $1,550,000 Dec 2021 32,424 SF
4119 Boonsboro, Lynchburg, VA 24503-2340 $9,900,000 Apr 2021 76,938 SF
4105 Boonsboro, Lynchburg, VA 24503-2307 $630,000 Jan 2021 2,332 SF
4109 Boonsboro, Lynchburg, VA 24503-2307 $17,000 Dec 2020 11,546 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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