5500 MarysvilleGladys, VA 24554

  • Commercial real estate
  • 2,875 SF
Off market
$10,018,800 Estimated

Property Details for 5500 Marysville

Year built
1975
Construction
FRAME
Lot size
1.00 AC
Property size (Sq ft)
2,875 SF
Zone code
A-1
Property type
Commercial real estate
APN
0870-0A000-006-0
APU
08700A0000060

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $487,041
    6.5%
    $449,576
    7%
    $417,464
  • Comparable approach

    Method
    Valuation
    Relative Method
    $659,928
    Geo Method
    $659,928
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $947,768
    Retail / Commercial
    $473,745
    Mixed-Use / Specialty
    $462,391
    Hospitality / Lodging
    $326,657
    Office
    $449,576
    Institutional / Educational
    $477,245
    Residential Income
    $558,377
    Multifamily
    $723,271
    Automotive / Energy
    $409,068
    Parking / Income-Based Land
    $150,714
    Restaurant / Food Service
    $219,865
    Healthcare / Senior Housing
    $484,085

Location Insight

City
Gladys
County
Campbell
State
Virginia
Latitude
37.1222
Longitude
-79.1583
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
$415
$14,000
$78,200
$92,200
-
$14,000
$78,200
$92,200

FAQs

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