5930 Covesville StoreCovesville, VA 22931

  • Retail properties
  • 3,400 SF
Off market
$10,319,410 Estimated

Property Details for 5930 Covesville Store

Year built
1928
Lot size
1.03 AC
Property size (Sq ft)
3,400 SF
Zone code
RURAL AREAS
Property type
Retail properties
Property subtype
Retail space
APN
10900-00-00-007E0
APU
109000000007E0

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,189,575
    6.5%
    $1,098,070
    7%
    $1,019,636
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,713,086
    Geo Method
    $1,713,086
  • Alternative Use

    Use
    Valuation
    Residential
    $926,263
    Hospitality
    $848,452
    Educational
    $705,902
    Medical
    $730,179
    Retail
    $1,098,070
5930 Covesville Store, Covesville, Virginia

Location Insight

City
Covesville
County
Albemarle
State
Virginia
Latitude
37.8912
Longitude
-78.7048
CBSA code
16820
CBSA name
CHARLOTTESVILLE, 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
$2,965
$54,000
$293,200
$347,200
-
$54,000
$293,200
$347,200

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