603 MainDanville, VA 24541

  • Retail properties
  • 192,978 SF
Off market

Property Details for 603 Main

Year built
1963
Construction
CONCRETE BLOCKS
Lot size
15.00 AC
Property size (Sq ft)
192,978 SF
Zone code
PLANNED SHOPPING CENTER
Property type
Retail properties
Property subtype
Super regional malls
APN
21357
APU
21357

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $42,402,864
    6.5%
    $39,141,108
    7%
    $36,345,312
  • Comparable approach

    Method
    Valuation
    Relative Method
    $111,626,352
    Geo Method
    $111,626,352
  • Alternative Use

    Use
    Valuation
    Residential
    $33,016,988
    Hospitality
    $30,243,384
    Educational
    $25,162,140
    Medical
    $26,027,504
    Retail
    $39,141,108
603 Main, Danville, Virginia
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Location Insight

City
Danville
County
Danville City
State
Virginia
Latitude
36.5712
Longitude
-79.4184
CBSA code
19260
CBSA name
DANVILLE, 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
$65,528
$966,900
$6,862,000
$7,828,900
-
$966,900
$6,862,000
$7,828,900

FAQs

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