7615 MerrittNorfolk, VA 23513
- Retail properties
- 6,000 SF
Off market
$999,900 Estimated
Property Details for 7615 Merritt
- Year built
- 1957
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 6,000 SF
- Zone code
- C-2
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 20593900
- APU
- 20593900
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,862,494
- 6.5%
- $1,719,225
- 7%
- $1,596,423
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,937,375
- Geo Method
- $2,525,191
-
Alternative Use
- Use
- Valuation
- Residential
- $1,450,230
- Hospitality
- $1,328,403
- Educational
- $1,105,216
- Medical
- $1,143,226
- Retail
- $1,719,225
7615 Merritt, Norfolk, Virginia
Location Insight
- City
- Norfolk
- County
- Norfolk City
- State
- Virginia
- Latitude
- 36.9135
- Longitude
- -76.2467
- 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
$12,499
$135,100
$864,800
$999,900
-
$135,100
$864,800
$999,900
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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