Weems, VA 22576

  • Turn key restaurants
  • 1,355 SF
Off market

Property Details

Year built
1960
Lot size
79.99 AC
Property size (Sq ft)
1,355 SF
Zone code
R1
Property type
Turn key restaurants
APN
27B 4 2A
APU
27B42A

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $420,613
    6.5%
    $388,258
    7%
    $360,526
  • Comparable approach

    Method
    Valuation
    Relative Method
    $437,524
    Geo Method
    $570,272
  • Alternative Use

    Use
    Valuation
    Residential
    $327,510
    Hospitality
    $299,998
    Educational
    $249,595
    Medical
    $258,179
    Retail
    $388,258

Location Insight

City
Weems
County
Lancaster
State
Virginia
Latitude
37.6749
Longitude
-76.4322

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
2023
$2,622
$415,000
$1,200
$416,200
-
$415,000
$1,200
$416,200

FAQs

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