4243 AmherstMadison Heights, VA 24572
- Grocery and convenience stores
- 2,400 SF
Off market
$28,854,190 Estimated
Property Details for 4243 Amherst
- Year built
- 1985
- Lot size
- 2.88 AC
- Property size (Sq ft)
- 2,400 SF
- Zone code
- B2
- Property type
- Grocery and convenience stores
- APN
- 148 A 51A
- APU
- 148A51A
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $428,430
- 6.5%
- $395,474
- 7%
- $367,226
-
Comparable approach
- Method
- Valuation
- Relative Method
- $572,932
- Geo Method
- $572,932
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $791,180
- Mixed-Use / Specialty
- $385,996
- Hospitality / Lodging
- $272,688
- Office
- $375,299
- Institutional / Educational
- $398,396
- Residential Income
- $466,124
- Multifamily
- $603,774
- Automotive / Energy
- $341,482
- Parking / Income-Based Land
- $125,813
- Restaurant / Food Service
- $183,539
- Healthcare / Senior Housing
- $404,106
Location Insight
- City
- Madison Heights
- County
- Amherst
- State
- Virginia
- Latitude
- 37.4605
- Longitude
- -79.1183
- 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
$7,430
$878,200
$339,800
$1,218,000
-
$878,200
$339,800
$1,218,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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