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

    116 Shaker Ln Saltville, VA 24370

    • Commercial real estate
    • 656 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-1579517
    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

    • Commercial real estate

    Property Details for 116 Shaker Ln

    Year built
    1950
    Property size
    656 SF
    Property type
    Commercial real estate
    APN
    28A7-5-68
    APU
    28A7568

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saltville
    County
    Smyth
    State
    Virginia
    Longitude
    -81.7641
    Latitude
    36.878

    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
    $142
    $10,000
    $14,100
    $24,100
    -
    $10,000
    $14,100
    $24,100

    Comparable in this City

    • Value Estimation by Request
      100.65 Acres

      Ader Ln

      COMMERCIAL (GENERAL) • 100.65 Acres
      Ader Ln, Saltville, VA 24370
      View Details
    • Value Estimation by Request
      11.52 Acres

      108 Battleground Ave

      COMMERCIAL (GENERAL) • 11.52 Acres
      108 Battleground Ave, Saltville, VA 24370-3387
      View Details
    • Value Estimation by Request
      1,920 SF

      2884 Hwy 107

      COMMERCIAL (GENERAL) • 1,920 SF
      2884 Hwy 107, Saltville, VA 24370-4474
      View Details
    • Value Estimation by Request
      3,200 SF

      1070 Main St

      COMMERCIAL (GENERAL) • 3,200 SF
      1070 Main St, Saltville, VA 24370-3200
      View Details
    • Value Estimation by Request
      5,456 SF

      2364 Saltville Hwy

      COMMERCIAL (GENERAL) • 5,456 SF
      2364 Saltville Hwy, Saltville, VA 24370-4056
      View Details
    • Value Estimation by Request
      1,158 SF

      5181 Tumbling Crk Rd

      COMMERCIAL (GENERAL) • 1,158 SF
      5181 Tumbling Crk Rd, Saltville, VA 24370-3741
      View Details

    Similar Nearby for Sale

    • New
      $189,900
      Pending

      Saltville Ranch with Income Potential

      Ranch-style home with apartment, acreage, and income potential.
      2245 Saltville Hwy, Saltville, VA 24370
      View Details
    • $59,000
      27.09 Acres

      27 Acres Wooded Land, Saltville

      27-acre wooded property near Saltville, Virginia, offering multiple possibilities.
      Clark St, Saltville, VA 24370
      View Details
    • $830,000
      13.64 Acres

      Saltville Mobile Home Park

      Multifamily properties • 13.64 Acres
      730 Burley Dr, Saltville, VA 24370
      View Details
    • $349,000
      41.00 Acres

      41 Acres Vacant Land I-81

      41 acres of vacant land off Interstate 81.
      107 Edgewood/Crusenberry Rd, Saltville, VA 24370
      View Details
    • New
      $169,900
      60.60 Acres

      60 Acres of Hunting Land

      60-acre hunting land with cabin, barn, and single-wide trailer.
      Hunter Dr, Saltville, VA 24370
      View Details
    • $2,300,000
      700.00 Acres

      700-Acre Legacy Farm Opportunity

      700-acre farm ideal for farming, ranching, recreation, or investment.
      7267 Blue Grass Trl, Saltville, VA 24370
      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.
    116 Shaker Ln
    Saltville, VA 24370
    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.