6252 ElonMonroe, VA 24574

  • Retail space
  • 1,082 SF
Off market

Property Details for 6252 Elon

Year built
1985
Construction
FRAME
Lot size
25.64 AC
Property size (Sq ft)
1,082 SF
Zone code
A1
Property type
Retail space
APN
88 A 19
APU
88A19

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $193,151
    6.5%
    $178,293
    7%
    $165,558
  • Comparable approach

    Method
    Valuation
    Relative Method
    $258,297
    Geo Method
    $258,297
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $356,690
    Mixed-Use / Specialty
    $174,020
    Hospitality / Lodging
    $122,937
    Office
    $169,197
    Institutional / Educational
    $179,610
    Residential Income
    $210,144
    Multifamily
    $272,202
    Automotive / Energy
    $153,952
    Parking / Income-Based Land
    $56,720.70
    Restaurant / Food Service
    $82,745.70
    Healthcare / Senior Housing
    $182,184

Location Insight

City
Monroe
County
Amherst
State
Virginia
Latitude
37.5743
Longitude
-79.3255
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
$3,445
$158,200
$406,600
$564,800
-
$158,200
$406,600
$564,800

FAQs

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