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    Property profile & analytics

    1114 Main St Lebanon, VA 24266-5014

    • Office buildings
    • 6,000 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Location Intelligence
    Property ID
    US87-3039261
    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 buildings

    Property Details for 1114 Main St

    Year built
    1992
    Lot size
    0.77 lot acres
    Property size
    6,000 SF
    Property type
    Office buildings
    APN
    104R IAA 908
    APU
    104RIAA908

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Russell
    State
    Virginia
    Longitude
    -82.0597
    Latitude
    36.9027

    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
    $3,623
    $134,200
    $440,900
    $575,100
    -
    $134,200
    $440,900
    $575,100

    Comparable in this City

    • Value Estimation
      $905,000
      8,512 SF

      140 Highland Dr

      OFFICE BUILDING • 8,512 SF
      140 Highland Dr, Lebanon, VA 24266-4674
      View Details
    • Value Estimation by Request
      2,793 SF

      14 Main St

      OFFICE BUILDING • 2,793 SF
      14 Main St, Lebanon, VA 24266
      View Details
    • Value Estimation
      $595,000
      1,200 SF

      1130 Main St

      OFFICE BUILDING • 1,200 SF
      1130 Main St, Lebanon, VA 24266-5014
      View Details
    • Value Estimation
      $135,000
      660 SF

      293 Overlook Dr

      OFFICE BUILDING • 660 SF
      293 Overlook Dr, Lebanon, VA 24266
      View Details
    • Value Estimation
      $145,000
      1,680 SF

      39 Flannagan Ave

      OFFICE BUILDING • 1,680 SF
      39 Flannagan Ave, Lebanon, VA 24266-4575
      View Details
    • Value Estimation
      $405,000
      5,640 SF

      547 Main St

      OFFICE BUILDING • 5,640 SF
      547 Main St, Lebanon, VA 24266
      View Details

    Similar Nearby for Sale

    • $4,500,000
      54,000 SF

      Former Call Center on 14+ Acres

      54,683 SF building suitable for retail, office, or industrial.
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    • $4,900,000
      54,683 SF

      Lebanon, VA Office Complex

      54,683 SF Flex Space, $4.9M
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    • Contact for pricing
      0.26 Acres

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      Improved residential lot with views, ready for dream home.
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    • $34,500
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      1.5 acre building lot with utilities and mountain views.
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    • $126,000
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      10+/- acres of wooded land close to town amenities.
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    • Contact for pricing
      0.30 Acres

      Residential Lots with Mountain Views

      Ready-to-build residential lots with utilities and mountain views.
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    Similar Nearby for Lease

    • $4,000 /Mo
      4,000 SF

      Versatile Commercial Space on Main

      4,000 sq ft commercial building with endless possibilities.
      619 W Main St, Lebanon, VA 24266
      View Details
    • $1,000 /Mo
      1,350 SF

      Renovated Office Space For Rent

      Recently renovated office space in Lebanon's Russell County Shopping Center.
      1768 E Main St, Lebanon, VA 24266
      View Details
    • $16 SF/Yr
      8,000 SF

      Lebanon Retail Space Available

      8,000 SF Retail Center, 1,497 SF Vacant
      159 Pittston Rd, Lebanon, VA 24266
      View Details
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    1114 Main St
    Lebanon, VA 24266-5014
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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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