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Property profile & analytics
OFF-MARKET
Estimated value
$4,285,000
Retail properties & Spaces
7621 Timberlake Rd Lynchburg, VA 24502-2324
Entity Owned
6-yr Hold
Free & Clear
Property ID
US87-1363560
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1996
Total area
48,560 SF
Lot
5.17 ac (225,249 SF)
Zoning code
B3
APN
254 11 008
UPID
US87-1363560
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Central VA Flooring Carpet & Flooring Store Hardware & Home Improvement
-
Harbor Freight Tools Building Supply Hardware & Home Improvement
-
Sears Heating and Air Conditioning HVAC Service General Contractor
-
Workout Anytime Lynchburg Gym & Fitness Center
-
PayStubz USA Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.84M
Blend (final)
Blend
$4.29M
Owner & transaction history
Timberlake Station Group LP · 6 yrs held
Timberlake Station Group LP
since 2020
Last sale
$3.8M
2 recorded transactions
Zoning & alternative use
B3 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Zone name
Community Business District
General category
COMMERCIAL
Zone area
993.72 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynchburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$5,735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.29M
Range $3.86M – $4.71M · ±10% · vs last sale $3.75M (Feb 7 2020)
Last sale anchor
$3.75M
Feb 7 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$88 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$22,939
Tax year 2024
Assessed value
$2,577,400
Assessed 2024
Previous assessed
$2,577,400
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$951,700
Assessed improvement
$1,625,700
Land market value
$951,700
Improvement market value
$1,625,700
Total market value
$2,577,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1996
Heating
NONE
Buildings
1
Stories
1
Total area
48,560 SF
Lot
5.17 ac (225,249 SF)
Zoning code
B3
APN
254 11 008
UPID
US87-1363560
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B3 · Lynchburg, VAZoning B3 · permitted uses
B3 · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Zone name
Community Business District
General category
COMMERCIAL
Zone area
993.72 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Buildings
1
Lot
5.17 ac
Current owner
From public records · entity-resolved
Timberlake Station Group LP
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 1932, DANVILLE, CA 94526-6932
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2021
—
Timberlake Station Group LP
—
Deed
related
$4,500,000 · Carter Bank & Trust
Feb 7, 2020
$3,284,000
Timberlake Station Group LP
Timberlake Station LLC
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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