1213 MemorialMartinsville, VA 24112

  • Retail properties
  • 1,936 SF
Off market
$5,490,330 Estimated

Property Details for 1213 Memorial

Year built
2004
Lot size
0.55 AC
Property size (Sq ft)
1,936 SF
Zone code
C-C
Property type
Retail properties
Property subtype
Other car washes
APN
51 (05 )00 /03X
APU
51050003X

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $312,231
    6.5%
    $288,213
    7%
    $267,626
  • Comparable approach

    Method
    Valuation
    Relative Method
    $619,270
    Geo Method
    $1,119,861
  • Alternative Use

    Use
    Valuation
    Residential
    $243,119
    Hospitality
    $222,695
    Educational
    $185,280
    Medical
    $191,652
    Retail
    $288,213
1213 Memorial, Martinsville, Virginia

Location Insight

City
Martinsville
County
Martinsville City
State
Virginia
Latitude
36.6731
Longitude
-79.8779
CBSA code
32300
CBSA name
MARTINSVILLE, VA MICROPOLITAN 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
$1,942
$47,700
$148,500
$196,200
-
$47,700
$148,500
$196,200

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