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    Property profile & analytics

    1703 Seymour Dr South Boston, VA 24592

    • Specialty properties
    • 2,600 SF
    • 0.17 lot acres
    For Sale
    View listing
    $170,000
    Value Estimation
    Last Sale
    Dec 02, 2024
    $130,000
    Location Intelligence
    Property ID
    US87-2475355
    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

    • Specialty properties

    Property Details for 1703 Seymour Dr

    Lot size
    0.17 lot acres
    Property size
    2,600 SF
    Property type
    Specialty properties
    APN
    4473
    APU
    4473

    Description

    This exceptional office building at 1703 Seymour Dr, South Boston, VA 24592, presents a unique investment opportunity. Priced at $170,000, this property offers a blank canvas for a discerning buyer to create a thriving business space. While the square footage is currently listed as zero, the building's structure provides significant potential for development and customization. Located in South Boston, Virginia, within Halifax County, this property benefits from established community ties and a rich history. The building has served the community for many years and is now ready for a new chapter. Its existing structure offers a solid foundation for renovation or redevelopment, allowing for the creation of a modern and efficient workspace tailored to specific needs. The property's address is 1703 Seymour Dr, situated in a convenient location within South Boston. The building's legacy of community service makes it an attractive proposition for businesses seeking to establish a strong presence in the area. This is a rare chance to acquire a property with significant upside potential, allowing for the creation of a space that reflects the buyer's vision and contributes to the continued growth of the community. The property's history and location combine to create a compelling investment opportunity. Serious inquiries are encouraged to schedule a viewing and explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $150,000
      6.5%
      $135,000
      7%
      $140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $145,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $155,000
      Retail
      $165,000
      Mixed-Use
      $125,000
      Hospitality
      $140,000
      Educational
      $165,000
      Residential Income
      $155,000
      Energy
      $155,000
      Income-Based Land
      $145,000
      Food Service
      $165,000

    Location Insight

    • Map
    • Local Demand
    City
    South Boston
    County
    Halifax
    State
    Virginia
    Longitude
    -78.892
    Latitude
    36.6966

    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
    $482
    $20,237
    $76,111
    $96,348
    -
    $20,237
    $76,111
    $96,348

    Comparable in this City

    • Value Estimation by Request

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      0.25 Acres

      Scottsburg Rd

      CHARITABLE ORGANIZATION • 0.25 Acres
      Scottsburg Rd, South Boston, VA 24592
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    • Value Estimation by Request
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      Mtn Rd

      CHARITABLE ORGANIZATION • 2,076 SF
      Mtn Rd, South Boston, VA 24592
      View Details
    • Value Estimation
      $365,000
      2,460 SF

      1002 Melon Rd

      CHARITABLE ORGANIZATION • 2,460 SF
      1002 Melon Rd, South Boston, VA 24592-6668
      View Details

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    Similar Nearby for Lease

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      1,593 SF

      Retail Space in Tri-Rivers Plaza

      Retail space available in established shopping center.
      3459 Old Halifax Rd, South Boston, VA 24592
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      Halifax Road Land For Lease

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    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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