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    Property profile & analytics

    118 Main St Boyce, VA 22620-9638

    • Commercial real estate
    • 5,600 SF
    • 1.02 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 26, 2021
    Location Intelligence
    Property ID
    US87-1747769
    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 118 Main St

    Lot size
    1.02 lot acres
    Property size
    5,600 SF
    Zone code
    B
    Property type
    Commercial real estate
    APN
    21A2 A 28
    APU
    21A2A28

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boyce
    County
    Clarke
    State
    Virginia
    Longitude
    -78.0572
    Latitude
    39.0917
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
    2022
    $895
    $100,000
    $49,200
    $149,200
    -
    $100,000
    $49,200
    $149,200

    Comparable in this City

    • Value Estimation
      $445,000
      77,020 SF

      12001 Lord Fairfax Hwy

      COMMERCIAL (GENERAL) • 77,020 SF
      12001 Lord Fairfax Hwy, Boyce, VA 22620-2025
      View Details
    • Value Estimation
      $330,000
      2,640 SF

      2049 Millwood Rd

      COMMERCIAL (GENERAL) • 2,640 SF
      2049 Millwood Rd, Boyce, VA 22620-2501
      View Details
    • Value Estimation
      $350,000
      1,860 SF

      8 Greenway Ave

      COMMERCIAL (GENERAL) • 1,860 SF
      8 Greenway Ave, Boyce, VA 22620-9735
      View Details
    • Value Estimation
      $290,000
      3,020 SF

      104 Main St

      COMMERCIAL (GENERAL) • 3,020 SF
      104 Main St, Boyce, VA 22620-9638
      View Details
    • Value Estimation
      $515,000
      1,540 SF

      108 Main St

      COMMERCIAL (GENERAL) • 1,540 SF
      108 Main St, Boyce, VA 22620-9728
      View Details
    • Value Estimation by Request
      7,972 SF

      400 Blandy Farm Ln

      COMMERCIAL (GENERAL) • 7,972 SF
      400 Blandy Farm Ln, Boyce, VA 22620-2117
      View Details

    Similar Nearby for Sale

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      Specialty property available for purchase.
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      Historical Schoolhouse Duplex in Boyce

      Unique circa 1920s schoolhouse, currently a duplex, for sale.
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    • $85,000
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      Specialty property available for sale in Boyce, Virginia.
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    118 Main St
    Boyce, VA 22620-9638
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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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