374 LeeVerona, VA 24482

  • Banks
  • 6,172 SF
Off market
$962,800 Estimated

Property Details for 374 Lee

Year built
1978
Lot size
0.79 AC
Property size (Sq ft)
6,172 SF
Zone code
GENERAL BUSINESS
Property type
Banks
APN
036A210 13B
APU
036A21013B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,662,400
    6.5%
    $1,534,520
    7%
    $1,424,910
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,283,390
    Geo Method
    $1,283,390
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,972,000
    Mixed-Use / Specialty
    $1,537,320
    Hospitality / Lodging
    $1,138,650
    Office
    $1,536,800
    Institutional / Educational
    $1,601,150
    Residential Income
    $1,873,340
    Multifamily
    $2,200,940
    Automotive / Energy
    $1,372,410
    Parking / Income-Based Land
    $465,433
    Restaurant / Food Service
    $817,220
    Healthcare / Senior Housing
    $1,568,010

Location Insight

City
Verona
County
Augusta
State
Virginia
Latitude
38.2006
Longitude
-79.0109
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
$5,408
$250,000
$712,800
$962,800
-
$250,000
$712,800
$962,800

FAQs

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