8972 LeesvilleLynch Station, VA 24571

  • Commercial real estate
  • 1,185 SF
Off market
$10,119,080 Estimated

Property Details for 8972 Leesville

Year built
1930
Construction
FRAME
Lot size
1.01 AC
Property size (Sq ft)
1,185 SF
Zone code
B-GC
Property type
Commercial real estate
APN
0530-0A000-068-0
APU
05300A0000680

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $200,746
    6.5%
    $185,304
    7%
    $172,068
  • Comparable approach

    Method
    Valuation
    Relative Method
    $272,005
    Geo Method
    $272,005
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $390,645
    Retail / Commercial
    $195,265
    Mixed-Use / Specialty
    $190,585
    Hospitality / Lodging
    $134,640
    Office
    $185,304
    Institutional / Educational
    $196,708
    Residential Income
    $230,148
    Multifamily
    $298,114
    Automotive / Energy
    $168,607
    Parking / Income-Based Land
    $62,120.20
    Restaurant / Food Service
    $90,622.60
    Healthcare / Senior Housing
    $199,527

Location Insight

City
Lynch Station
County
Campbell
State
Virginia
Latitude
37.2054
Longitude
-79.3079
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
$173
$11,600
$26,900
$38,500
-
$11,600
$26,900
$38,500

FAQs

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