116 BankPetersburg, VA 23803

  • Retail properties
  • 5,673 SF
Off market
$225,000 Estimated

Property Details for 116 Bank

Year built
1840
Lot size
0.09 AC
Property size (Sq ft)
5,673 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Retail space
APN
11230010
APU
11230010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,547,225
    6.5%
    $1,428,208
    7%
    $1,326,193
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,604,449
    Geo Method
    $2,387,568
  • Alternative Use

    Use
    Valuation
    Residential
    $1,204,746
    Hospitality
    $1,103,541
    Educational
    $918,133
    Medical
    $949,709
    Retail
    $1,428,208
116 Bank, Petersburg, Virginia

Location Insight

City
Petersburg
County
Petersburg City
State
Virginia
Latitude
37.2315
Longitude
-77.4063
CBSA code
40060
CBSA name
RICHMOND, 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
2019
$3,038
$19,500
$205,500
$225,000
-
$19,500
$205,500
$225,000

FAQs

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