23615 JerusalemCourtland, VA 23837

  • Hospitality properties
  • 11,370 SF
Off market
$43,581,780 Estimated

Property Details for 23615 Jerusalem

Year built
1960
Lot size
4.35 AC
Property size (Sq ft)
11,370 SF
Zone code
B-1
Property type
Hospitality properties
Property subtype
Motels
APN
76 15B
APU
7615B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,396,064
    6.5%
    $2,211,751
    7%
    $2,053,769
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,998,754
    Geo Method
    $6,133,194
  • Alternative Use

    Use
    Valuation
    Residential
    $2,414,590
    Hospitality
    $2,211,751
    Educational
    $1,840,151
    Medical
    $1,903,437
    Retail
    $2,862,457
23615 Jerusalem, Courtland, Virginia

Location Insight

City
Courtland
County
Southampton
State
Virginia
Latitude
36.6977
Longitude
-77.0404
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
2023
$2,775
$147,000
$164,800
$311,800
-
$147,000
$164,800
$311,800

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