2261 MainDanville, VA 24540

  • Retail properties
  • 2,400 SF
Off market
$2,805,310 Estimated

Property Details for 2261 Main

Year built
1951
Construction
CONCRETE BLOCKS
Lot size
0.28 AC
Property size (Sq ft)
2,400 SF
Zone code
HIGHWAY RETAIL COMM
Property type
Retail properties
Property subtype
Auto shops
APN
56136
APU
56136

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $527,350
    6.5%
    $486,784
    7%
    $452,014
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,388,258
    Geo Method
    $1,388,258
  • Alternative Use

    Use
    Valuation
    Residential
    $410,621
    Hospitality
    $376,126
    Educational
    $312,933
    Medical
    $323,695
    Retail
    $486,784
2261 Main, Danville, Virginia

Location Insight

City
Danville
County
Danville City
State
Virginia
Latitude
36.6181
Longitude
-79.3841
CBSA code
19260
CBSA name
DANVILLE, 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
2021
$682
$30,200
$55,100
$85,300
-
$30,200
$55,100
$85,300

FAQs

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