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    Property profile & analytics

    15051 Riv Rd South Boston, VA 24592

    • Commercial land
    • 26.47 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 29, 2022
    Location Intelligence
    Property ID
    US87-3251765
    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 land

    Property Details for 15051 Riv Rd

    Lot size
    26.47 lot acres
    Property type
    Commercial land
    APN
    28542
    APU
    28542

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Boston
    County
    Halifax
    State
    Virginia
    Longitude
    -79.1297
    Latitude
    36.6727

    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
    $295
    $59,049
    $0.00
    $59,049
    -
    $59,049
    $0.00
    $59,049

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      S

      VACANT COMMERCIAL LAND • 10.00 Acres
      S, Boston, VA 24592
      View Details
    • Value Estimation by Request
      0.17 Acres

      Edmunds St

      VACANT COMMERCIAL LAND • 0.17 Acres
      Edmunds St, South Boston, VA 24592
      View Details
    • Value Estimation by Request
      0.04 Acres

      Edmunds St

      VACANT COMMERCIAL LAND • 0.04 Acres
      Edmunds St, South Boston, VA 24592
      View Details
    • Value Estimation by Request
      0.21 Acres

      Ellyson Ave

      VACANT COMMERCIAL LAND • 0.21 Acres
      Ellyson Ave, South Boston, VA 24592
      View Details
    • Value Estimation by Request
      0.22 Acres

      Factory St

      VACANT COMMERCIAL LAND • 0.22 Acres
      Factory St, South Boston, VA 24592
      View Details
    • Value Estimation by Request
      0.46 Acres

      Fry St

      VACANT COMMERCIAL LAND • 0.46 Acres
      Fry St, South Boston, VA 24592
      View Details

    Similar Nearby for Sale

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      3.6 Acre Lot Available

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      Approximately 1 acre commercial vacant lot zoned B-2.
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      Prime Commercial Land Opportunity

      Lucrative commercial property on a high-traffic highway in South Boston.
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      Highway Frontage Commercial Land

      Commercial land with high visibility on Highway 58 East.
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    Similar Nearby for Lease

    • Contact for pricing

      Halifax Road Land For Lease

      Land available for lease on Halifax Road in South Boston.
      4017 Halifax Rd, South Boston, VA 24592
      View Details
    • Contact for pricing
      1,593 SF

      Retail Space in Tri-Rivers Plaza

      Retail space available in established shopping center.
      3459 Old Halifax Rd, South Boston, VA 24592
      View Details
    • Contact for pricing
      54,724 SF

      Halifax Square Medical Office Space

      South Boston, VA medical office suites for lease.
      3130 Halifax Rd, South Boston, VA 24592
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    15051 Riv Rd
    South Boston, VA 24592
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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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