Property profile

712 12th St Lynchburg, VA 24504

OFF-MARKET
Apartment buildings
Property ID
US87-1643525
22,261 SF 0.58 ac lot Built 1916
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1916
Construction FRAME
Total area 22,261 SF
Lot 0.58 ac (25,439 SF)
Zoning code I2
APN 025 04 001
UPID US87-1643525

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
  • Apartment Building
  • (Bike/Boat/Book/etc) Store

Location

712 12th St Lynchburg, VA 24504-3100
Lynchburg metro Census 1100 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.72M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.34M

Owner & transaction history

since 2017
2 recorded transactions
2018
Price N/A
2017
$425,000

Zoning & alternative use

I2 · Lynchburg, VA
Zoning description

The I-2 district is intended to provide for industrial uses of a variety of types that produce relatively low levels of smoke, smell, noise, light, dust and other nuisances

General category INDUSTRIAL

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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