294 LeeVerona, VA 24482

  • Retail space
  • 3,400 SF
Off market
$5,059,540 Estimated

Property Details for 294 Lee

Year built
1965
Construction
FRAME
Lot size
0.51 AC
Property size (Sq ft)
3,400 SF
Zone code
GENERAL BUSINESS
Property type
Retail space
APN
036A210 16
APU
036A21016

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $915,773
    6.5%
    $845,329
    7%
    $784,948
  • Comparable approach

    Method
    Valuation
    Relative Method
    $706,988
    Geo Method
    $706,988
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,637,200
    Mixed-Use / Specialty
    $846,871
    Hospitality / Lodging
    $627,253
    Office
    $846,584
    Institutional / Educational
    $882,032
    Residential Income
    $1,031,980
    Multifamily
    $1,212,440
    Automotive / Energy
    $756,028
    Parking / Income-Based Land
    $256,395
    Restaurant / Food Service
    $450,186
    Healthcare / Senior Housing
    $863,778

Location Insight

City
Verona
County
Augusta
State
Virginia
Latitude
38.1986
Longitude
-79.0132
CBSA code
44420
CBSA name
STAUNTON-WAYNESBORO, 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
$1,784
$164,000
$279,700
$443,700
-
$164,000
$279,700
$443,700

FAQs

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