2846 LeeLexington, VA 24450

  • Retail properties
  • 1,446 SF
Off market
$9,818,470 Estimated

Property Details for 2846 Lee

Year built
1980
Lot size
0.98 AC
Property size (Sq ft)
1,446 SF
Zone code
B-1
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
50B 1 A1
APU
50B1A1

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $317,728
    6.5%
    $293,288
    7%
    $272,338
  • Comparable approach

    Method
    Valuation
    Relative Method
    $836,425
    Geo Method
    $836,425
  • Alternative Use

    Use
    Valuation
    Residential
    $247,399
    Hospitality
    $226,616
    Educational
    $188,542
    Medical
    $195,026
    Retail
    $293,288
2846 Lee, Lexington, Virginia

Location Insight

City
Lexington
County
Rockbridge
State
Virginia
Latitude
37.8393
Longitude
-79.3711

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
0
-
$275,000
$413,800
$688,800
-
$275,000
$413,800
$688,800

FAQs

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