48 CommerceHonaker, VA 24260

  • Office properties
  • 3,600 SF
Off market
$5,600,500 Estimated

Property Details for 48 Commerce

Lot size
0.56 AC
Property size (Sq ft)
3,600 SF
Property type
Office properties
Property subtype
Office buildings
APN
76R 386
APU
76R386

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $394,962
    6.5%
    $364,581
    7%
    $338,539
  • Comparable approach

    Method
    Valuation
    Relative Method
    $456,959
    Geo Method
    $609,624
  • Alternative Use

    Use
    Valuation
    Residential
    $452,080
    Hospitality
    $414,103
    Educational
    $344,529
    Medical
    $356,378
    Retail
    $535,933
48 Commerce, Honaker, Virginia
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Location Insight

City
Honaker
County
Russell
State
Virginia
Latitude
37.0154
Longitude
-81.9694

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
$2,034
$60,900
$262,000
$322,900
-
$60,900
$262,000
$322,900

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