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1018 Rivermont Ave 8,493 SF Specialty Building Offered at $695,000 in Lynchburg, VA 24504



Investment Highlights
- 1.5 Total Acres
- R-3 & R-4 Zoning
- 1.10 Acres Development Area
- Prime Residential Potential
Executive Summary
Prime Multi-Family Development or Adaptive Reuse Opportunity!
Property Facts
| Price | $695,000 | Building Class | C |
| Price Per SF | $81.83 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 8,493 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1897 |
| Property Subtype | Religious Facility | ||
| Zoning | R-3, R-4 | ||
| Price | $695,000 |
| Price Per SF | $81.83 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 8,493 SF |
| No. Stories | 1 |
| Year Built | 1897 |
| Zoning | R-3, R-4 |
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Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 023-05-001 | Improvements Assessment | $342,500 |
| Land Assessment | $67,000 | Total Assessment | $409,500 |
Property Taxes
Parcel Number
023-05-001
Land Assessment
$67,000
Improvements Assessment
$342,500
Total Assessment
$409,500
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1018 Rivermont Ave
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