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    Property profile & analytics

    126 Laurel Ave Damascus, VA 24236

    • Commercial real estate
    • 4,920 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Location Intelligence
    Property ID
    US87-1402988
    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 126 Laurel Ave

    Year built
    1959
    Lot size
    0.09 lot acres
    Property size
    4,920 SF
    Zone code
    DAMASCUS
    Property type
    Commercial real estate
    APN
    172B2 A 34
    APU
    172B2A34

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Damascus
    County
    Washington
    State
    Virginia
    Longitude
    -81.7897
    Latitude
    36.6349
    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
    $30,000
    $90,500
    $120,500
    -
    $30,000
    $90,500
    $120,500

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      32173 Government Rd

      COMMERCIAL (GENERAL) • 1,500 SF
      32173 Government Rd, Damascus, VA 24236-2611
      View Details
    • Value Estimation by Request
      3,976 SF

      126 Laurel Ave

      COMMERCIAL (GENERAL) • 3,976 SF
      126 Laurel Ave, Damascus, VA 24236
      View Details
    • Value Estimation
      $480,000
      5,920 SF

      401 3rd St

      COMMERCIAL (GENERAL) • 5,920 SF
      401 3rd St, Damascus, VA 24236
      View Details
    • Value Estimation by Request
      82,500 SF

      872 Jeb Stuart Hwy

      COMMERCIAL (GENERAL) • 82,500 SF
      872 Jeb Stuart Hwy, Damascus, VA 24236
      View Details
    • Value Estimation
      $375,000
      6,563 SF

      202 Laurel Ave

      COMMERCIAL (GENERAL) • 6,563 SF
      202 Laurel Ave, Damascus, VA 24236
      View Details
    • Value Estimation
      $240,000
      2,902 SF

      211 Reynolds St

      COMMERCIAL (GENERAL) • 2,902 SF
      211 Reynolds St, Damascus, VA 24236-5090
      View Details

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    • Contact for pricing
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      Wooded lot near Jefferson National Forest, ideal for outdoor adventures.
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      Recreational Land Near Jefferson Forest

      Secluded wooded acreage near trails and national forest.
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      Secluded 36-acre property bordering Jefferson National Forest.
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    126 Laurel Ave
    Damascus, VA 24236
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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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