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    Property profile & analytics

    11 Nelson St Lexington, VA 24450-2033

    • Investment properties
    • 6,254 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 15, 2024
    $44,000
    Location Intelligence
    Property ID
    US87-2660370
    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

    • Investment properties

    Property Details for 11 Nelson St

    Lot size
    0.08 lot acres
    Property size
    6,254 SF
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    23 1 83
    APU
    23183

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington City
    State
    Virginia
    Longitude
    -79.4432
    Latitude
    37.7845

    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
    $169,300
    $415,890
    $585,190
    -
    $169,300
    $415,890
    $585,190

    Comparable in this City

    • Value Estimation by Request
      14,779 SF

      2 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 14,779 SF
      2 Main St, Lexington, VA 24450-2523
      View Details
    • Value Estimation by Request
      7,165 SF

      12 Nelson St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,165 SF
      12 Nelson St, Lexington, VA 24450-2034
      View Details
    • Value Estimation by Request
      1,008 SF

      114 Randolph St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,008 SF
      114 Randolph St, Lexington, VA 24450-2329
      View Details
    • Value Estimation by Request
      40,316 SF

      422 Nelson St

      OFFICE/RESIDENTIAL (MIXED USE) • 40,316 SF
      422 Nelson St, Lexington, VA 24450-2729
      View Details
    • Value Estimation
      $2,365,000
      10,200 SF

      18 Nelson St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,200 SF
      18 Nelson St, Lexington, VA 24450-2540
      View Details
    • Value Estimation
      $165,000
      1,150 SF

      9 Randolph St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,150 SF
      9 Randolph St, Lexington, VA 24450-2507
      View Details

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    11 Nelson St
    Lexington, VA 24450-2033
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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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