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    155 Rainbow Cir Independence, VA 24348-3998
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    Property profile & analytics

    155 Rainbow Cir, Independence, VA 24348-3998

    View on Map

    • Commercial real estate
    • 14,658 SF
    • 2.47 lot acres
    Off-Market
    Last Sale Mar 30, 2022
    $1,100,000
    Property ID
    US87-3184351
    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.

    Value Estimations
    $1,155,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Americas Best Value Inn & Suites Independence, VA / Hotel & Motel
    • Americas Best Inn & Suites Independence / Hotel & Motel

    Property Details for 155 Rainbow Cir

    Year built
    2002
    Lot size
    2.47 lot acres
    Property type
    Commercial real estate
    APN
    73A5- A- - 46A
    APU
    73A5A46A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 30, 2022 $1,100,000 Sahaj Hospitality Independence LLC Jia LLC Warranty Deed $1.1M · The First Bank And Trust Company
    Sep 13, 2018 $475,000 Jia LLC Penn Stuart & Eskridge PC Trustees Deed · related $375k · Skyline National Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,190,000
      ML approach
      $1,225,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,477,000
      Market price range: $619k - $1.51M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Grayson
    State
    Virginia
    Longitude
    -81.1411
    Latitude
    36.6196

    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
    $5,663
    $74,000
    $974,700
    $1,048,700
    -
    $74,000
    $974,700
    $1,048,700
    More about this property
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