Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    1005 Wallace Cole Rd South Boston, VA 24592-6501

    • Office Properties & Spaces
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3245856
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1005 Wallace Cole Rd

    Lot size
    0.47 lot acres
    Property type
    Office Properties & Spaces
    APN
    9486
    APU
    9486

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Boston
    County
    Halifax
    State
    Virginia
    Longitude
    -78.8662
    Latitude
    36.6465

    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
    $194
    $8,977
    $29,905
    $38,882
    -
    $8,977
    $29,905
    $38,882

    Comparable in this City

    • Value Estimation by Request
      0.22 Acres

      Wilborn Ave

      OFFICE (GENERAL) • 0.22 Acres
      Wilborn Ave, South Boston, VA 24592
      View Details
    • Value Estimation by Request

      Fry St

      OFFICE (GENERAL)
      Fry St, South Boston, VA 24592
      View Details
    • Value Estimation by Request
      0.04 Acres

      Mineral St

      OFFICE (GENERAL) • 0.04 Acres
      Mineral St, South Boston, VA 24592
      View Details
    • Value Estimation by Request
      0.17 Acres

      Seymour Dr

      OFFICE (GENERAL) • 0.17 Acres
      Seymour Dr, South Boston, VA 24592
      View Details
    • Value Estimation by Request
      0.60 Acres

      Houston St

      OFFICE (GENERAL) • 0.60 Acres
      Houston St, South Boston, VA 24592
      View Details
    • Value Estimation by Request
      0.44 Acres

      1085 Mt Laurel Rd

      OFFICE (GENERAL) • 0.44 Acres
      1085 Mt Laurel Rd, South Boston, VA 24592-3007
      View Details

    Similar Nearby for Sale

    • $219,900
      5,000 SF

      Historic Downtown Investment Opportunity

      Charming commercial building in South Boston's historic district.
      505/573 N Main St, South Boston, VA 24592
      View Details
    • $170,000

      South Boston Office Building Investment

      Prime South Boston Office, Endless Potential
      1703 Seymour Dr, South Boston, VA 24592
      View Details
    • $124,900
      1,694 SF

      South Boston Retail/Office Building For Sale

      Retail, wholesale, or office building with great size and location.
      1723 Seymour Dr, South Boston, VA 24592
      View Details
    • $199,900

      South Boston Colonial Office Building

      Classic Colonial office building in downtown South Boston, Virginia.
      515 Yancey Ave, South Boston, VA 24592
      View Details
    • $199,900
      1,376 SF

      South Boston Office with Charm

      Classic Colonial office building in downtown South Boston, Virginia.
      515 Yancey Ave, South Boston, VA 24592
      View Details
    • New
      $799,000
      1,500 SF

      South Boston Office/Retail Opportunity

      High visibility location on Hwy 58, South Boston, VA.
      1070 Bill Tuck Hwy, South Boston, VA 24592
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      54,724 SF

      Halifax Square Medical Office Space

      South Boston, VA medical office suites for lease.
      3130 Halifax Rd, South Boston, VA 24592
      View Details
    • Contact for pricing
      1,593 SF

      Retail Space in Tri-Rivers Plaza

      Retail space available in established shopping center.
      3459 Old Halifax Rd, South Boston, VA 24592
      View Details
    • Contact for pricing

      Halifax Road Land For Lease

      Land available for lease on Halifax Road in South Boston.
      4017 Halifax Rd, South Boston, VA 24592
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1005 Wallace Cole Rd
    South Boston, VA 24592-6501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.