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    Property profile & analytics

    105 Main St Narrows, VA 24124

    • Retail space
    • 6,270 SF
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US87-2241555
    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

    • Retail space

    Property Details for 105 Main St

    Year built
    1951
    Property size
    6,270 SF
    Zone code
    NB-2
    Property type
    Retail space
    APN
    38A 6 B 1A
    APU
    38A6B1A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $180,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $175,000
      Geo Method
      $215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $180,000
      Mixed-Use
      $210,000
      Hospitality
      $170,000
      Educational
      $210,000
      Residential Income
      $155,000
      Energy
      $155,000
      Income-Based Land
      $210,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Narrows
    County
    Giles
    State
    Virginia
    Longitude
    -80.8119
    Latitude
    37.3317
    CBSA code
    13980
    CBSA name
    BLACKSBURG-CHRISTIANSBURG-RADFORD, 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
    0
    $0.00
    $20,000
    $104,300
    $124,300
    -
    $20,000
    $104,300
    $124,300

    Comparable in this City

    • Value Estimation by Request
      3,686 SF

      214 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,686 SF
      214 Main St, Narrows, VA 24124-1315
      View Details
    • Value Estimation
      $205,000
      5,602 SF

      206 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,602 SF
      206 Main St, Narrows, VA 24124-1315
      View Details
    • Value Estimation by Request
      9,776 SF

      222 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,776 SF
      222 Main St, Narrows, VA 24124
      View Details
    • Value Estimation
      $315,000
      5,000 SF

      816 Federal St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      816 Federal St, Narrows, VA 24124
      View Details
    • Value Estimation by Request
      17,808 SF

      3347 Virginia Ave

      RETAIL STORES (PERSONAL SERVICES) • 17,808 SF
      3347 Virginia Ave, Narrows, VA 24124-2270
      View Details
    • Value Estimation by Request
      1,560 SF

      358 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,560 SF
      358 Main St, Narrows, VA 24124-1317
      View Details

    Similar Nearby for Sale

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    • Contact for pricing

      Land For Sale

      Land available for sale.
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    • Contact for pricing
      0.50 Acres

      Vacant Lot in Narrows, VA

      Vacant lot with public water access in Narrows, Virginia.
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      Pending

      18 Acres Waterfront Land, Narrows

      18-acre property with water frontage, ideal for private retreat.
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      Prime Narrows Gas Station & Stores

      High-traffic location, established business
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      View Details
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    105 Main St
    Narrows, VA 24124
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    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
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