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    Property profile & analytics

    118 Town Sq St Glade Spring, VA 24340-2906

    • Commercial real estate
    • 3,780 SF
    OFF-MARKET
    Value Estimation
    $75,000
    Last Sale
    Sep 18, 2023
    $85,000
    Location Intelligence
    Property ID
    US87-1744092
    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 Town Sq St

    Year built
    1891
    Property size
    3,780 SF
    Zone code
    GLADE SPRING
    Property type
    Commercial real estate
    APN
    052A2 A 32
    APU
    052A2A32

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Glade Spring
    County
    Washington
    State
    Virginia
    Longitude
    -81.7718
    Latitude
    36.7902
    CBSA code
    28700
    CBSA name
    KINGSPORT-BRISTOL-BRISTOL, TN-VA 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
    0
    $0.00
    $17,500
    $98,300
    $115,800
    -
    $17,500
    $98,300
    $115,800

    Comparable in this City

    • Value Estimation by Request
      10,779 SF

      Glade Spring, VA 24340

      COMMERCIAL (GENERAL) • 10,779 SF
      Glade Spring, VA 24340
      View Details
    • Value Estimation by Request
      1,920 SF

      Glade Spring, VA 24340

      COMMERCIAL (GENERAL) • 1,920 SF
      Glade Spring, VA 24340
      View Details
    • Value Estimation by Request
      4,712 SF

      Glade St

      COMMERCIAL (GENERAL) • 4,712 SF
      Glade St, Glade Spring, VA 24340
      View Details
    • Value Estimation by Request
      99,201 SF

      31347 Hillman Hwy

      COMMERCIAL (GENERAL) • 99,201 SF
      31347 Hillman Hwy, Glade Spring, VA 24340-5001
      View Details
    • Value Estimation by Request
      2,048 SF

      14382 Monroe Rd

      COMMERCIAL (GENERAL) • 2,048 SF
      14382 Monroe Rd, Glade Spring, VA 24340
      View Details
    • Value Estimation by Request
      1,888 SF

      137 Town Sq St

      COMMERCIAL (GENERAL) • 1,888 SF
      137 Town Sq St, Glade Spring, VA 24340
      View Details

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    Glade Spring, VA 24340-2906
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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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