5604 SeminoleLynchburg, VA 24502

  • Hospitality properties
  • 26,626 SF
Off market
$2,334,000 Estimated

Property Details for 5604 Seminole

Year built
1994
Lot size
1.15 AC
Property size (Sq ft)
26,626 SF
Zone code
B5
Property type
Hospitality properties
Property subtype
Hotels
APN
162 03 001
APU
16203001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,520,543
    6.5%
    $4,172,809
    7%
    $3,874,751
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,362,570
    Geo Method
    $14,362,570
  • Alternative Use

    Use
    Valuation
    Residential
    $4,555,495
    Hospitality
    $4,172,809
    Educational
    $3,471,728
    Medical
    $3,591,126
    Retail
    $5,400,466
5604 Seminole, Lynchburg, Virginia

Location Insight

City
Lynchburg
County
Lynchburg City
State
Virginia
Latitude
37.3676
Longitude
-79.1809
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
$20,773
$574,000
$1,760,000
$2,334,000
-
$574,000
$1,760,000
$2,334,000

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