5798 3rd Notch DCrozet, VA 22932

  • Retail properties
  • 4,696 SF
Off market
$1,445,200 Estimated

Property Details for 5798 3rd Notch D

Year built
1950
Lot size
1.21 AC
Property size (Sq ft)
4,696 SF
Zone code
DOWNTOWN CROZET DISTRICT
Property type
Retail properties
Property subtype
Strip malls
APN
056A1-01-00-06500
APU
056A1010006500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,643,013
    6.5%
    $1,516,628
    7%
    $1,408,297
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,366,074
    Geo Method
    $2,366,074
  • Alternative Use

    Use
    Valuation
    Residential
    $1,279,332
    Hospitality
    $1,171,861
    Educational
    $974,975
    Medical
    $1,008,506
    Retail
    $1,516,628
5798 3rd Notch D, Crozet, Virginia

Location Insight

City
Crozet
County
Albemarle
State
Virginia
Latitude
38.0701
Longitude
-78.6997
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
-
$855,100
$590,100
$1,445,200
-
$855,100
$590,100
$1,445,200

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