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    Property profile & analytics

    817 Pierce St Lynchburg, VA 24501-1337

    • Apartment buildings
    • 5,112 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Last Sale
    May 03, 2023
    $280,000
    Location Intelligence
    Property ID
    US87-1662097
    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.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 817 Pierce St

    Year built
    1907
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property size
    5,112 SF
    Zone code
    B5
    Property type
    Apartment buildings
    APN
    010 52 005
    APU
    1052005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg City
    State
    Virginia
    Longitude
    -79.1555
    Latitude
    37.4077
    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
    $2,659
    $34,500
    $264,300
    $298,800
    -
    $34,500
    $264,300
    $298,800

    Comparable in this City

    • Value Estimation by Request
      97,662 SF

      1301 Park Ave

      APARTMENT HOUSE (5+ UNITS) • 97,662 SF
      1301 Park Ave, Lynchburg, VA 24501-1868
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    • Value Estimation by Request
      17,697 SF

      3320 Old Frst Rd

      APARTMENT HOUSE (5+ UNITS) • 17,697 SF
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    • Value Estimation by Request
      20,000 SF

      1701 12th St

      APARTMENT HOUSE (5+ UNITS) • 20,000 SF
      1701 12th St, Lynchburg, VA 24501-1953
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    • Value Estimation
      $3,730,000
      15,074 SF

      3710 Ft Ave

      APARTMENT HOUSE (5+ UNITS) • 15,074 SF
      3710 Ft Ave, Lynchburg, VA 24501-3850
      View Details
    • Value Estimation
      $14,155,000
      136,122 SF

      800 Greenfield Dr

      APARTMENT HOUSE (5+ UNITS) • 136,122 SF
      800 Greenfield Dr, Lynchburg, VA 24501-6357
      View Details
    • Value Estimation
      $14,245,000
      76,446 SF

      815 Greenfield Dr

      APARTMENT HOUSE (5+ UNITS) • 76,446 SF
      815 Greenfield Dr, Lynchburg, VA 24501-6359
      View Details

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    817 Pierce St
    Lynchburg, VA 24501-1337
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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