4035 MainHarrisonburg, VA 22801

  • Hospitality properties
  • 8,995 SF
Off market
$40,832,590 Estimated

Property Details for 4035 Main

Year built
1952
Lot size
4.08 AC
Property size (Sq ft)
8,995 SF
Zone code
GENERAL BUSINESS
Property type
Hospitality properties
Property subtype
Motels
APN
108 E 2 3
APU
108E23

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,431,708
    6.5%
    $2,244,654
    7%
    $2,084,321
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,226,382
    Geo Method
    $4,226,382
  • Alternative Use

    Use
    Valuation
    Residential
    $2,450,510
    Hospitality
    $2,244,654
    Educational
    $1,867,526
    Medical
    $1,931,752
    Retail
    $2,905,040
4035 Main, Harrisonburg, Virginia
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Location Insight

City
Harrisonburg
County
Harrisonburg City
State
Virginia
Latitude
38.3955
Longitude
-78.9165
CBSA code
25500
CBSA name
HARRISONBURG, 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
2021
$5,370
$532,600
$64,100
$596,700
-
$532,600
$64,100
$596,700

FAQs

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