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    Property profile & analytics

    119 Tanbark Plz Lovingston, VA 22949

    • Parking lots & garages
    • 4,756 SF
    • 1.41 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3208861
    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

    • Parking lots & garages

    Property Details for 119 Tanbark Plz

    Year built
    1940
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.41 lot acres
    Property size
    4,756 SF
    Property type
    Parking lots & garages
    APN
    58B A 11
    APU
    58BA11

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lovingston
    County
    Nelson
    State
    Virginia
    Longitude
    -78.872
    Latitude
    37.7618
    CBSA code
    16820
    CBSA name
    CHARLOTTESVILLE, 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
    2024
    $564
    $45,100
    $41,600
    $86,700
    -
    $45,100
    $41,600
    $86,700

    Comparable in this City

    • Value Estimation
      $1,300,000
      3,105 SF

      124 Main St

      FINANCIAL BUILDING • 3,105 SF
      124 Main St, Lovingston, VA 22949
      View Details
    • Value Estimation
      $355,000
      4,816 SF

      15819 Thomas Nelson Hwy

      CONVENIENCE STORE • 4,816 SF
      15819 Thomas Nelson Hwy, Lovingston, VA 22949-2507
      View Details
    • Value Estimation by Request
      1,476 SF

      123 Main St

      Restaurants • 1,476 SF
      123 Main St, Lovingston, VA 22949
      View Details
    • Value Estimation
      $195,000
      5,603 SF

      740 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 5,603 SF
      740 Frnt St, Lovingston, VA 22949
      View Details
    • Value Estimation
      $145,000
      1,476 SF

      121 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,476 SF
      121 Main St, Lovingston, VA 22949
      View Details
    • Value Estimation
      $240,000
      1,925 SF

      571 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 1,925 SF
      571 Frnt St, Lovingston, VA 22949
      View Details

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      Private, unrestricted land with mountain views near Charlottesville.
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    • $199,000
      47.06 Acres

      Lovingston Mountain Property For Sale

      47.06 acres of A-1 zoned land near Lovingston, Virginia.
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    119 Tanbark Plz
    Lovingston, VA 22949
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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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