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    Property profile & analytics

    16266 Fancy Gap Hwy Cana, VA 24317-3606

    • Commercial real estate
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $115,000
    Last Sale
    May 10, 2024
    $110,000
    Location Intelligence
    Property ID
    US87-2481213
    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

    • Justin Enterprises / Check Cashing Service

    Property Details for 16266 Fancy Gap Hwy

    Lot size
    0.60 lot acres
    Property type
    Commercial real estate
    APN
    165-2-8
    APU
    16528

    Description

    This exceptional commercial building presents a rare opportunity for business owners and investors alike. Located at 16266 Fancy Gap, Cana, VA, this freshly renovated property boasts a prime location just across the Virginia state line, ensuring high visibility and easy access for customers. The building is ideally suited for a variety of uses, including retail, office space, or a flexible mixed-use configuration. Its modern updates make it move-in ready, eliminating the need for extensive renovations or repairs. The property offers a significant advantage with a fenced-in lot located behind the building, providing ample space for storage, parking, or future expansion. The building's strategic placement guarantees excellent visibility and accessibility, making it an attractive proposition for any business seeking a strong foothold in a thriving area. This is a truly exceptional opportunity to acquire a versatile and well-maintained commercial property in a high-traffic location. Don't miss out on this chance to establish or expand your business in a prime commercial setting. The asking price is $199,900. The lot size is 0 acres. The property is classified as retail.

    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%
      $140,000
      6.5%
      $155,000
      7%
      $130,000

    • Comparable approach

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

    • Alternative Use

      Use
      Estimation
      Distribution
      $140,000
      Retail
      $135,000
      Mixed-Use
      $135,000
      Hospitality
      $145,000
      Educational
      $140,000
      Residential Income
      $145,000
      Energy
      $145,000
      Income-Based Land
      $140,000
      Food Service
      $125,000

    Location Insight

    • Map
    • Local Demand
    City
    Cana
    County
    Carroll
    State
    Virginia
    Longitude
    -80.654
    Latitude
    36.5609

    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
    $395
    $36,200
    $30,800
    $67,000
    -
    $36,200
    $30,800
    $67,000

    Comparable in this City

    • Value Estimation by Request
      2.13 Acres

      13547 Fancy Gap Hwy

      COMMERCIAL (GENERAL) • 2.13 Acres
      13547 Fancy Gap Hwy, Cana, VA 24317-3665
      View Details
    • Value Estimation by Request

      16125 Fancy Gap Hwy

      COMMERCIAL (GENERAL)
      16125 Fancy Gap Hwy, Cana, VA 24317-3610
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    • Value Estimation by Request
      0.30 Acres

      11946 Fancy Gap Hwy

      COMMERCIAL (GENERAL) • 0.30 Acres
      11946 Fancy Gap Hwy, Cana, VA 24317-3548
      View Details
    • Value Estimation by Request
      1.66 Acres

      16065 Fancy Gap Hwy

      COMMERCIAL (GENERAL) • 1.66 Acres
      16065 Fancy Gap Hwy, Cana, VA 24317
      View Details
    • Value Estimation by Request
      2.96 Acres

      15666 Fancy Gap Hwy

      COMMERCIAL (GENERAL) • 2.96 Acres
      15666 Fancy Gap Hwy, Cana, VA 24317-3576
      View Details
    • Value Estimation by Request
      1.25 Acres

      13044 Fancy Gap Hwy

      COMMERCIAL (GENERAL) • 1.25 Acres
      13044 Fancy Gap Hwy, Cana, VA 24317-3666
      View Details

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    Cana, VA 24317-3606
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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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