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    Property profile & analytics

    12822 Governor G C Peery Hwy Pounding Mill, VA 24637-4322

    • Turn key restaurants
    • 2,578 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Location Intelligence
    Property ID
    US87-2176289
    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

    • Turn key restaurants

    Property Details for 12822 Governor G C Peery Hwy

    Year built
    2015
    Lot size
    0.86 lot acres
    Property size
    2,578 SF
    Property type
    Turn key restaurants
    APN
    125 A 0039A
    APU
    125A0039A

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pounding Mill
    County
    Tazewell
    State
    Virginia
    Longitude
    -81.7378
    Latitude
    37.0651
    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
    2019
    $4,889
    $299,300
    $543,600
    $842,900
    -
    $299,300
    $543,600
    $842,900

    Comparable in this City

    • Value Estimation by Request
      2,970 SF

      131 Cedar Hl Ln

      RESTAURANT • 2,970 SF
      131 Cedar Hl Ln, Pounding Mill, VA 24637-1102
      View Details
    • Value Estimation
      $865,000
      3,027 SF

      12688 Governor G C Peery Hwy

      RESTAURANT • 3,027 SF
      12688 Governor G C Peery Hwy, Pounding Mill, VA 24637-4316
      View Details
    • Value Estimation
      $200,000
      2,163 SF

      Pounding Mill, VA 24637

      RESTAURANT • 2,163 SF
      Pounding Mill, VA 24637
      View Details
    • Value Estimation
      $495,000
      6,586 SF

      Gov G C Peery Hwy

      RESTAURANT • 6,586 SF
      Gov G C Peery Hwy, Pounding Mill, VA 24637
      View Details
    • Value Estimation
      $370,000
      8,404 SF

      Pounding Mill, VA 24637

      RESTAURANT • 8,404 SF
      Pounding Mill, VA 24637
      View Details
    • Value Estimation
      $160,000
      2,400 SF

      149 Clay Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      149 Clay Dr, Pounding Mill, VA 24637-4319
      View Details

    Similar Nearby for Sale

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      19.64 acres of wooded property with road frontage.
      Indian Paint Rd, Pounding Mill, VA 24637
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    • $64,900
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      Pounding Mill Wooded Acres

      3.53 wooded acres, perfect location for a new home.
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    • Contact for pricing
      0.70 Acres

      Residential Land in Pounding Mill

      0.70-acre lot in a convenient, secluded location.
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      2.17 Acres

      Pounding Mill Land For Sale

      2.17 acre wooded building lot in Pounding Mill, VA.
      Hickory Dr, Pounding Mill, VA 24637
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    Pounding Mill, VA 24637-4322
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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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