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Property profile & analytics
OFF-MARKET
Estimated value
$3,100,000
Commercial real estate
810 Main St Lynchburg, VA 24504-1532
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US87-1788138
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Total area
28,466 SF
Lot
0.19 ac (8,407 SF)
Zoning code
B4
APN
024 48 011
UPID
US87-1788138
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
-
Truist Wealth Financial Advisor
-
The Estate & Elder Law Center of Central Virginia, PLLC Law Firm
-
Polished Concrete Solution | Stained Polished Concrete | Mechanically Polished Concrete Service | Metallic Epoxy Coating General Contractor Renovation Specialist
-
Vaden Frank Insurance Agency
-
Polished Concrete Solution General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.33M
Comparable Approach
Comparable
$3.19M
Blend (final)
Blend
$3.10M
Owner & transaction history
EIGHT TEN MAIN ASSOCIATES
EIGHT TEN MAIN ASSOCIATES
Zoning & alternative use
B4 · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.1M
+104.2%
Apartment house (5+ units)
$3.9M
+56.7%
Retail stores
$3.3M
+34.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,600,000
6.5%
$3,325,000
7%
$3,085,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,485,000
Current use
MEDICAL BUILDING
$5,070,000
Change: +104% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,890,000
Change: +57% · Conversion: Moderate
RETAIL STORES
$3,335,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$3.10M
Range $2.79M – $3.41M · ±10%
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
$109 / 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
$15,958
Tax year 2024
Assessed value
$1,793,000
Assessed 2024
Previous assessed
$1,793,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$269,000
Assessed improvement
$1,524,000
Land market value
$269,000
Improvement market value
$1,524,000
Total market value
$1,793,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1986
Heating
NONE
Buildings
1
Stories
3
Total area
28,466 SF
Lot
0.19 ac (8,407 SF)
Zoning code
B4
APN
024 48 011
UPID
US87-1788138
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B4 · Lynchburg, VA
Zoning B4 · permitted uses
B4 · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynchburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$5.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
RETAIL STORES
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
3
Buildings
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
EIGHT TEN MAIN ASSOCIATES
Individual
Mailing address
307 BRK PARK PL, FOREST, VA 24551-2639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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