224 CmnsWilliamsburg, VA 23185

  • Banks
  • 3,179 SF
Off market
$1,181,900 Estimated

Property Details for 224 Cmns

Year built
1993
Lot size
0.90 AC
Property size (Sq ft)
3,179 SF
Zone code
GENERAL BUSINESS
Property type
Banks
APN
D15C-1723-1512
APU
D15C17231512

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $677,558
    6.5%
    $625,438
    7%
    $580,764
  • Comparable approach

    Method
    Valuation
    Relative Method
    $371,053
    Geo Method
    $552,162
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,222,670
    Mixed-Use / Specialty
    $621,994
    Hospitality / Lodging
    $454,756
    Office
    $617,034
    Institutional / Educational
    $646,190
    Residential Income
    $756,042
    Multifamily
    $913,488
    Automotive / Energy
    $553,877
    Parking / Income-Based Land
    $192,336
    Restaurant / Food Service
    $320,912
    Healthcare / Senior Housing
    $639,089

Location Insight

City
Williamsburg
County
York
State
Virginia
Latitude
37.2831
Longitude
-76.7166
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 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
$8,746
$254,700
$927,200
$1,181,900
-
$254,700
$927,200
$1,181,900

FAQs

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