848 MidlandLexington, VA 24450

  • Retail properties
  • 3,976 SF
Off market
$206,600 Estimated

Property Details for 848 Midland

Year built
1950
Property size (Sq ft)
3,976 SF
Zone code
R-1
Property type
Retail properties
Property subtype
Turn key restaurants
APN
60A A 10
APU
60AA10

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $685,113
    6.5%
    $632,412
    7%
    $587,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,477,289
    Geo Method
    $2,299,880
  • Alternative Use

    Use
    Valuation
    Residential
    $533,463
    Hospitality
    $488,649
    Educational
    $406,550
    Medical
    $420,532
    Retail
    $632,412
848 Midland, Lexington, Virginia

Location Insight

City
Lexington
County
Rockbridge
State
Virginia
Latitude
37.8094
Longitude
-79.4744

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
-
$30,000
$176,600
$206,600
-
$30,000
$176,600
$206,600

FAQs

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