Technical
Financial
Distress signals
Property profile

7416 Vlg Hwy Concord, VA 24538

OFF-MARKET
Commercial real estate
Property ID
US87-2235514
2,400 SF 1.58 ac lot Built 2003
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Total area 2,400 SF
Lot 1.58 ac (68,825 SF)
Zoning code B-GC
APN 0260-0A000-055-A
UPID US87-2235514

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
  • Auto Repair Shop

Location

7416 Vlg Hwy Concord, VA 24538-2223
Concord metro Census 20101 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2024
1 recorded transaction
2024
$325,000

Zoning & alternative use

B-GC · Concord, VA

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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