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    Property profile & analytics

    150 Colonial E Trl Surry, VA 23883-2700

    • Commercial real estate
    • 3,126 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US87-1181743
    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 150 Colonial E Trl

    Lot size
    0.32 lot acres
    Property size
    3,126 SF
    Property type
    Commercial real estate
    APN
    27A-2-B-10
    APU
    27A2B10

    Description

    This 0.76-acre commercial property at 150 Colonial Trail in Surry, Virginia, presents a unique opportunity for entrepreneurs and investors. Located in the heart of downtown Surry on Route 10, this corner lot offers exceptional visibility for any business. The existing building on the site requires rehabilitation or could be replaced entirely, allowing for complete customization to suit your specific needs. The property's prime location ensures high traffic and exposure, making it ideal for a variety of commercial ventures. This is a chance to establish a strong presence in a thriving community. The asking price is $350,000. The square footage of the existing building is not currently available. The property's strategic position on a corner lot in the downtown area guarantees significant visibility and accessibility for customers. This presents a rare chance to acquire a well-situated commercial property in Surry, VA, ready for redevelopment or renovation to match your business vision. The property's size and location make it suitable for a wide range of commercial uses, offering significant potential for return on investment. Serious inquiries are encouraged.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Surry
    County
    Surry
    State
    Virginia
    Longitude
    -76.8328
    Latitude
    37.137
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 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
    $1,182
    $60,000
    $106,500
    $166,500
    -
    $60,000
    $106,500
    $166,500

    Comparable in this City

    • Value Estimation by Request
      2,504 SF

      6757 Colonial E Trl

      COMMERCIAL (GENERAL) • 2,504 SF
      6757 Colonial E Trl, Surry, VA 23883-2202
      View Details
    • Value Estimation
      $500,000
      4,138 SF

      460 Colonial E Trl

      COMMERCIAL (GENERAL) • 4,138 SF
      460 Colonial E Trl, Surry, VA 23883
      View Details
    • Value Estimation
      $550,000
      3,586 SF

      176 Colonial E Trl

      COMMERCIAL (GENERAL) • 3,586 SF
      176 Colonial E Trl, Surry, VA 23883
      View Details
    • Value Estimation
      $510,000
      6,050 SF

      28 Oakwood Dr

      COMMERCIAL (GENERAL) • 6,050 SF
      28 Oakwood Dr, Surry, VA 23883
      View Details
    • Value Estimation by Request
      4.80 Acres

      1384 Colonial E Trl

      COMMERCIAL (GENERAL) • 4.80 Acres
      1384 Colonial E Trl, Surry, VA 23883
      View Details
    • Value Estimation by Request
      336 SF

      47 Brownsview Ln

      COMMERCIAL (GENERAL) • 336 SF
      47 Brownsview Ln, Surry, VA 23883-2744
      View Details

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    Surry, VA 23883-2700
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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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