Property profile

906 Main St Lynchburg, VA 24504

OFF-MARKET
Apartment buildings
Property ID
US87-1625459
12,192 SF 0.07 ac lot Built 1886
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1886
Construction FRAME
Total area 12,192 SF
Lot 0.07 ac (3,049 SF)
Zoning code B4
APN 024 49 017
UPID US87-1625459

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
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Location

906 Main St Lynchburg, VA 24504-1629
Lynchburg metro Census 500 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2008
5 recorded transactions
2021
Price N/A
2016
Price N/A
2008
Price N/A
2008
Price N/A
2007
Price N/A

Zoning & alternative use

B4 · Lynchburg, VA
Zoning description

The B-4 district is intended to provide for a wide range of residential, commercial and other sales and service operations, serving the entire metropolitan area in downtown Lynchburg and other mixed use centers throughou…

General category MIXED_USE

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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