2075 PhilpottSouth Boston, VA 24592

  • Hospitality properties
  • 8,751 SF
Off market
$26,249,210 Estimated

Property Details for 2075 Philpott

Lot size
2.62 AC
Property size (Sq ft)
8,751 SF
Property type
Hospitality properties
Property subtype
Motels
APN
20328
APU
20328

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,485,738
    6.5%
    $1,371,451
    7%
    $1,273,490
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,720,456
    Geo Method
    $4,720,456
  • Alternative Use

    Use
    Valuation
    Residential
    $1,497,226
    Hospitality
    $1,371,451
    Educational
    $1,141,031
    Medical
    $1,180,273
    Retail
    $1,774,937
2075 Philpott, South Boston, Virginia

Location Insight

City
South Boston
County
Halifax
State
Virginia
Latitude
36.6765
Longitude
-78.9192

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
$1,455
$89,342
$201,671
$291,013
-
$89,342
$201,671
$291,013

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