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Property profile

6200 Ft Ave Lynchburg, VA 24502

OFF-MARKET
Other commercial real estate
Property ID
US87-1702598
7,185 SF 0.83 ac lot Built 1975
Last sale Aug 2019 · $510,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. 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

A multi-level office building situated on a corner lot at the intersection of Fort Avenue and Fenwick Drive. The building features recently completed renovations and provides office space on both the main and upper levels, with approximately 2,500 sq. ft. available on each level (about 5,000 sq. ft. total). The layout supports use by either an owner-occupant or an investor, with flexibility for different business needs or investment approaches.

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?
$5k
Tax billed · 2024
Assessed value$576k
Assessed land$192k
Assessed improvement$384k
Effective rate0.89%

Value estimate

· Nov 2026
$320k
$288k – $352k
CAP approach$840k
Submarket $/SF estimate$717k

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

Recently sold

What actually traded nearby?
$154/SF
ZIP average, outlier-cleaned · 113 recorded sales of this use type
Observed band · Q1–Q3$99 – $241
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency25.7
Law Firm17.7
Dental Office17.4

Location

6200 Ft Ave Lynchburg, VA 24502-2148
County assessor Recorded deeds · 4 transfers 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
52 Fnb, Lynchburg, VA 24502-5521 $2,401,636 Jul 2025 8,400 SF
20250 Timberlake, Lynchburg, VA 24502-7214 $164,322 Mar 2025 5,110 SF
14074 Wards, Lynchburg, VA 24502-4832 $1,500,000 Feb 2025 5,300 SF
20479 Timberlake, Lynchburg, VA 24502-7204 $1,242,350 Sep 2024 5,046 SF
195 Lillian, Lynchburg, VA 24502 $505,000 May 2024 3,704 SF
6235 Old Ml, Lynchburg, VA 24502 $892,500 May 2024 14,781 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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