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    Property profile & analytics

    12301 Grapefield Rd Bastian, VA 24314-4547

    • Commercial real estate
    • 14,288 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Location Intelligence
    Property ID
    US87-2576257
    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

    • Bland County Medical Clinic: Mcintyre Kenneth MD / Doctor
    • Bland County Medical Clinic / Medical Clinic / Mental Health Clinic
    • Mitchell Patricia H / Doctor / Professional Services
    • Ellen Lambert / Nurse Practitioner
    • Sharon Cecil / Nurse Practitioner

    Property Details for 12301 Grapefield Rd

    Year built
    1981
    Lot size
    1.00 lot acres
    Property size
    14,288 SF
    Zone code
    C
    Property type
    Commercial real estate
    APN
    48 A 28
    APU
    48A28

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $495,000
      6.5%
      $420,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $430,000
      Mixed-Use
      $395,000
      Hospitality
      $455,000
      Educational
      $450,000
      Residential Income
      $525,000
      Energy
      $460,000
      Income-Based Land
      $485,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Bastian
    County
    Bland
    State
    Virginia
    Longitude
    -81.1439
    Latitude
    37.1774
    CBSA code
    14140
    CBSA name
    BLUEFIELD, WV-VA MICROPOLITAN 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
    2023
    $10,979
    $50,000
    $1,779,900
    $1,829,900
    -
    $50,000
    $1,779,900
    $1,829,900

    Comparable in this City

    • Value Estimation by Request
      1,134 SF

      178 Walnut Dr

      COMMERCIAL (GENERAL) • 1,134 SF
      178 Walnut Dr, Bastian, VA 24314-4200
      View Details
    • Value Estimation
      $385,000
      4,612 SF

      4350 Scenic Hwy

      COMMERCIAL (GENERAL) • 4,612 SF
      4350 Scenic Hwy, Bastian, VA 24314-5008
      View Details
    • Value Estimation by Request

      9905 Scenic Hwy

      COMMERCIAL (GENERAL)
      9905 Scenic Hwy, Bastian, VA 24314
      View Details
    • Value Estimation by Request
      2,880 SF

      4923 Scenic Hwy

      COMMERCIAL (GENERAL) • 2,880 SF
      4923 Scenic Hwy, Bastian, VA 24314-5195
      View Details
    • Value Estimation by Request
      33,120 SF

      7085 Scenic Hwy

      COMMERCIAL (GENERAL) • 33,120 SF
      7085 Scenic Hwy, Bastian, VA 24314
      View Details
    • Value Estimation
      $90,000
      0.36 Acres

      5851 1st Peak Rd

      COMMERCIAL (GENERAL) • 0.36 Acres
      5851 1st Peak Rd, Bastian, VA 24314
      View Details

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    • Contact for pricing
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    12301 Grapefield Rd
    Bastian, VA 24314-4547
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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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