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    Property profile & analytics

    12629 Scenic Hwy Rocky Gap, VA 24366

    • Commercial real estate
    • 2,240 SF
    • 2.95 lot acres
    OFF-MARKET
    Value Estimation
    $110,000
    Last Sale
    Jan 15, 2020
    $100,000
    Location Intelligence
    Property ID
    US87-2959322
    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 12629 Scenic Hwy

    Year built
    1900
    Lot size
    2.95 lot acres
    Property size
    2,240 SF
    Zone code
    C
    Property type
    Commercial real estate
    APN
    13A1 A 32
    APU
    13A1A32

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $115,000
      6.5%
      $125,000
      7%
      $130,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $125,000
      Geo Method
      $135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $115,000
      Retail
      $135,000
      Mixed-Use
      $105,000
      Hospitality
      $110,000
      Educational
      $135,000
      Residential Income
      $125,000
      Energy
      $135,000
      Income-Based Land
      $130,000
      Food Service
      $135,000

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Gap
    County
    Bland
    State
    Virginia
    Longitude
    -81.1023
    Latitude
    37.2419
    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
    $497
    $69,500
    $13,400
    $82,900
    -
    $69,500
    $13,400
    $82,900

    Comparable in this City

    • Value Estimation
      $2,070,000
      24,120 SF

      111 Enterprise Ln

      COMMERCIAL (GENERAL) • 24,120 SF
      111 Enterprise Ln, Rocky Gap, VA 24366
      View Details
    • Value Estimation
      $305,000
      0.11 Acres

      439 Riv Mtn Rd

      COMMERCIAL (GENERAL) • 0.11 Acres
      439 Riv Mtn Rd, Rocky Gap, VA 24366
      View Details
    • Value Estimation
      $245,000
      3,378 SF

      12080 Scenic Hwy

      COMMERCIAL (GENERAL) • 3,378 SF
      12080 Scenic Hwy, Rocky Gap, VA 24366-5026
      View Details
    • Value Estimation by Request
      5,264 SF

      273 Enterprise Ln

      COMMERCIAL (GENERAL) • 5,264 SF
      273 Enterprise Ln, Rocky Gap, VA 24366-6018
      View Details
    • Value Estimation
      $85,000
      384 SF

      34 Evergreen Ln

      COMMERCIAL (GENERAL) • 384 SF
      34 Evergreen Ln, Rocky Gap, VA 24366-7124
      View Details
    • Value Estimation
      $230,000
      1,500 SF

      12704 Scenic Hwy

      COMMERCIAL (GENERAL) • 1,500 SF
      12704 Scenic Hwy, Rocky Gap, VA 24366
      View Details

    Similar Nearby for Sale

    • $1,499,000

      Laurel Creek Farm: Serene Mountain Retreat

      Secluded farm with cabin, trails, and abundant wildlife.
      2486 Laurel Fork Rd, Rocky Gap, VA 24366
      View Details
    • $165,000
      92.00 Acres

      92 Acres with Creek Frontage

      92 acres in Bland County with creek frontage and trails.
      92 Acres Laurel Frk Rd, Rocky Gap, VA 24366
      View Details
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    Rocky Gap, VA 24366
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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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