1039 IndependenceIndependence, VA 24348

  • Commercial real estate
  • 1,222 SF
Off market
$2,504,700 Estimated

Property Details for 1039 Independence

Year built
1950
Lot size
0.25 AC
Property size (Sq ft)
1,222 SF
Property type
Commercial real estate
APN
73A7- A- - 18
APU
73A7A18

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $151,943
    6.5%
    $140,255
    7%
    $130,237
  • Comparable approach

    Method
    Valuation
    Relative Method
    $155,112
    Geo Method
    $206,933
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $312,968
    Retail / Commercial
    $153,277
    Mixed-Use / Specialty
    $147,048
    Hospitality / Lodging
    $100,486
    Office
    $140,255
    Institutional / Educational
    $150,840
    Residential Income
    $176,482
    Multifamily
    $243,167
    Automotive / Energy
    $129,291
    Parking / Income-Based Land
    $50,231.20
    Restaurant / Food Service
    $64,352.90
    Healthcare / Senior Housing
    $156,622

Location Insight

City
Independence
County
Grayson
State
Virginia
Latitude
36.6386
Longitude
-81.158

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
$488
$15,000
$75,400
$90,400
-
$15,000
$75,400
$90,400

FAQs

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Please email our support team at [email protected] and they will add the team member.
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