505 LexingtonCovington, VA 24426
- Office buildings
- 7,260 SF
Off market
$242,900 Estimated
Property Details for 505 Lexington
- Year built
- 1955
- Property size (Sq ft)
- 7,260 SF
- Zone code
- M1
- Property type
- Office buildings
- APN
- 14---A----21-
- APU
- 14A21
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $796,507
- 6.5%
- $735,237
- 7%
- $682,720
-
Comparable approach
- Method
- Valuation
- Relative Method
- $921,533
- Geo Method
- $1,666,460
-
Alternative Use
- Use
- Valuation
- Residential
- $911,694
- Hospitality
- $835,107
- Educational
- $694,799
- Medical
- $718,695
- Retail
- $1,080,799
Location Insight
- City
- Covington
- County
- Covington City
- State
- Virginia
- Latitude
- 37.7854
- Longitude
- -79.9918
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
$2,065
$78,100
$164,800
$242,900
-
$78,100
$164,800
$242,900
Comparable in this City
FAQs
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