4893 LexingtonAmherst, VA 24521

  • Retail properties
  • 8,150 SF
Off market
$12,022,560 Estimated

Property Details for 4893 Lexington

Year built
1972
Lot size
1.20 AC
Property size (Sq ft)
8,150 SF
Zone code
V1
Property type
Retail properties
Property subtype
Auto shops
APN
47 A 7
APU
47A7

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,790,792
    6.5%
    $1,653,038
    7%
    $1,534,964
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,714,292
    Geo Method
    $4,714,292
  • Alternative Use

    Use
    Valuation
    Residential
    $1,394,400
    Hospitality
    $1,277,263
    Educational
    $1,062,668
    Medical
    $1,099,214
    Retail
    $1,653,038
4893 Lexington, Amherst, Virginia

Location Insight

City
Amherst
County
Amherst
State
Virginia
Latitude
37.6725
Longitude
-79.2173
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
2023
$2,879
$26,000
$446,000
$472,000
-
$26,000
$446,000
$472,000

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