486 VlgRustburg, VA 24588

  • Commercial real estate
  • 5,165 SF
Off market
$9,357,550 Estimated

Property Details for 486 Vlg

Year built
1947
Construction
CONCRETE
Lot size
0.93 AC
Property size (Sq ft)
5,165 SF
Zone code
B-GC
Property type
Commercial real estate
APN
034A-08000-015-B
APU
034A08000015B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $874,980
    6.5%
    $807,674
    7%
    $749,983
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,185,570
    Geo Method
    $1,185,570
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,702,690
    Retail / Commercial
    $851,093
    Mixed-Use / Specialty
    $830,695
    Hospitality / Lodging
    $586,847
    Office
    $807,674
    Institutional / Educational
    $857,382
    Residential Income
    $1,003,140
    Multifamily
    $1,299,370
    Automotive / Energy
    $734,899
    Parking / Income-Based Land
    $270,760
    Restaurant / Food Service
    $394,992
    Healthcare / Senior Housing
    $869,669

Location Insight

City
Rustburg
County
Campbell
State
Virginia
Latitude
37.274
Longitude
-79.1055
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
$1,142
$103,000
$150,800
$253,800
-
$103,000
$150,800
$253,800

FAQs

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