4640 MurrayLynchburg, VA 24502
- Hospitality properties
- 49,728 SF
Off market
$7,332,000 Estimated
Property Details for 4640 Murray
- Year built
- 1998
- Lot size
- 2.16 AC
- Property size (Sq ft)
- 49,728 SF
- Zone code
- B5C
- Property type
- Hospitality properties
- Property subtype
- Hotels
- APN
- 117 04 003
- APU
- 11704003
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,442,784
- 6.5%
- $7,793,339
- 7%
- $7,236,672
-
Comparable approach
- Method
- Valuation
- Relative Method
- $26,824,228
- Geo Method
- $26,824,228
-
Alternative Use
- Use
- Valuation
- Residential
- $8,508,062
- Hospitality
- $7,793,339
- Educational
- $6,483,966
- Medical
- $6,706,960
- Retail
- $10,086,170
4640 Murray, Lynchburg, Virginia
Location Insight
- City
- Lynchburg
- County
- Lynchburg City
- State
- Virginia
- Latitude
- 37.3688
- Longitude
- -79.1734
- CBSA code
- 31340
- CBSA name
- LYNCHBURG, VA METROPOLITAN 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
2024
$65,255
$862,000
$6,470,000
$7,332,000
-
$862,000
$6,470,000
$7,332,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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