1501 City PtHopewell, VA 23860

  • Medical offices
  • 6,401 SF
Off market
$906,200 Estimated

Property Details for 1501 City Pt

Year built
2004
Construction
TYPE NOT SPECIFIED
Lot size
0.66 AC
Property size (Sq ft)
6,401 SF
Zone code
B2
Property type
Medical offices
Property subtype
Medical centers
APN
030-0082
APU
300082

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,345,950
    6.5%
    $1,242,420
    7%
    $1,153,670
  • Comparable approach

    Method
    Valuation
    Relative Method
    $718,390
    Geo Method
    $1,069,030
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,461,880
    Retail / Commercial
    $1,259,340
    Mixed-Use / Specialty
    $1,252,400
    Hospitality / Lodging
    $915,664
    Institutional / Educational
    $1,301,120
    Residential Income
    $1,522,310
    Multifamily
    $1,839,330
    Automotive / Energy
    $1,115,250
    Parking / Income-Based Land
    $387,273
    Restaurant / Food Service
    $646,166
    Healthcare / Senior Housing
    $1,286,820

Location Insight

City
Hopewell
County
Hopewell City
State
Virginia
Latitude
37.2997
Longitude
-77.3001
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
2024
$10,603
$141,100
$765,100
$906,200
-
$141,100
$765,100
$906,200

FAQs

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