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    6224 Old Ml Rd Lynchburg, VA 24502-4233
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    Property profile & analytics

    6224 Old Ml Rd, Lynchburg, VA 24502-4233

    View on Map

    • Apartment buildings
    • 101,492 SF
    • 12.75 lot acres
    Off-Market
    Property ID
    US87-1716404
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $10,185,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • EB Insurance Agency / Insurance Agency
    • Mill Woods Apartments / Apartment Building

    Property Details for 6224 Old Ml Rd

    Year built
    1977
    Construction
    FRAME
    Lot size
    12.75 lot acres
    Zone code
    R5
    Property type
    Apartment buildings
    APN
    244 01 001
    APU
    24401001

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $13,430,000
      6.5%
      $12,395,000
      7%
      $11,510,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,494,000
      Market price range: $2.34M - $21.5M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.2059
    Latitude
    37.373
    CBSA code
    31340
    CBSA name
    LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $59,862
    $777,500
    $5,948,600
    $6,726,100
    -
    $777,500
    $5,948,600
    $6,726,100
    More about this property
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