1005 HerculesHopewell, VA 23860

  • Warehouses
  • 9,375 SF
Off market
$9,477,840 Estimated

Property Details for 1005 Hercules

Year built
1968
Construction
TYPE NOT SPECIFIED
Lot size
0.95 AC
Property size (Sq ft)
9,375 SF
Zone code
M2
Property type
Warehouses
APN
048-0270
APU
480270

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,906,180
    6.5%
    $3,605,710
    7%
    $3,348,160
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,683,460
    Geo Method
    $2,505,150
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,844,440
    Mixed-Use / Specialty
    $1,834,290
    Hospitality / Lodging
    $1,341,100
    Office
    $1,819,660
    Institutional / Educational
    $1,905,640
    Residential Income
    $2,229,600
    Multifamily
    $2,693,910
    Automotive / Energy
    $1,633,400
    Parking / Income-Based Land
    $567,206
    Restaurant / Food Service
    $946,384
    Healthcare / Senior Housing
    $1,884,700

Location Insight

City
Hopewell
County
Hopewell City
State
Virginia
Latitude
37.2927
Longitude
-77.28
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
$7,050
$103,000
$499,600
$602,600
-
$103,000
$499,600
$602,600

FAQs

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