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    Property profile & analytics

    1157 Ripley Rd Spencer, WV 25276-7821

    • Turn key restaurants
    • 2,496 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 03, 2020
    $22,500
    Location Intelligence
    Property ID
    US94-0386478
    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

    • La Finca / Mexican Restaurant

    Property Details for 1157 Ripley Rd

    Year built
    1964
    Construction
    WOOD FRAME
    Lot size
    0.69 lot acres
    Property size
    2,496 SF
    Property type
    Turn key restaurants
    APN
    44-07-0021-0074-0003
    APU
    4407002100740003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Roane
    State
    West Virginia
    Longitude
    -81.3863
    Latitude
    38.7928

    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
    $1,103
    $9,300
    $52,680
    $61,980
    -
    $15,500
    $87,800
    $103,300

    Comparable in this City

    • Value Estimation by Request
      1,152 SF

      Rte 33

      RESTAURANT • 1,152 SF
      Rte 33, Spencer, WV 25276
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    • Value Estimation
      $130,000
      3,990 SF

      215 Main St

      RESTAURANT • 3,990 SF
      215 Main St, Spencer, WV 25276-1409
      View Details
    • Value Estimation by Request
      1,440 SF

      Spencer, WV 25276

      RESTAURANT • 1,440 SF
      Spencer, WV 25276
      View Details
    • Value Estimation by Request
      2,872 SF

      33 Ripley Rd, Unit RT

      RESTAURANT • 2,872 SF
      33 Ripley Rd, Spencer, WV 25276-8727
      View Details
    • Value Estimation by Request
      0.74 Acres

      Ben Run

      RESTAURANT • 0.74 Acres
      Ben Run, Spencer, WV 25276
      View Details
    • Value Estimation
      $275,000
      0.48 Acres

      Rt 33

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.48 Acres
      Rt 33, Spencer, WV 25276
      View Details

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    1157 Ripley Rd
    Spencer, WV 25276-7821
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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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