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    Property profile & analytics

    1747 Elk Crk Pkwy Independence, VA 24348-4582

    • Industrial properties
    • 25,472 SF
    • 7.13 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US87-2491213
    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

    • Industrial properties

    Property Details for 1747 Elk Crk Pkwy

    Year built
    1950
    Lot size
    7.13 lot acres
    Property size
    25,472 SF
    Property type
    Industrial properties
    APN
    73A7- A- - 5
    APU
    73A7A5

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Grayson
    State
    Virginia
    Longitude
    -81.1638
    Latitude
    36.6408

    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
    $0.00
    $43,100
    $327,000
    $370,100
    -
    $43,100
    $327,000
    $370,100

    Comparable in this City

    • Value Estimation
      $1,380,000
      125,350 SF

      90 Michelin Dr, Unit 1

      INDUSTRIAL (GENERAL) • 125,350 SF
      90 Michelin Dr, Independence, VA 24348-4092
      View Details
    • Value Estimation
      $580,000
      35,000 SF

      173 Rainbow Cir

      INDUSTRIAL (GENERAL) • 35,000 SF
      173 Rainbow Cir, Independence, VA 24348
      View Details
    • Value Estimation
      $720,000
      30,000 SF

      253 Darco Dr

      INDUSTRIAL (GENERAL) • 30,000 SF
      253 Darco Dr, Independence, VA 24348
      View Details
    • Value Estimation
      $565,000
      36,300 SF

      60 Corporate Ln

      INDUSTRIAL (GENERAL) • 36,300 SF
      60 Corporate Ln, Independence, VA 24348-4453
      View Details
    • Value Estimation by Request
      47,729 SF

      315 Main St

      INDUSTRIAL (GENERAL) • 47,729 SF
      315 Main St, Independence, VA 24348
      View Details
    • Value Estimation
      $395,000
      33,229 SF

      326 Rainbow Cir

      INDUSTRIAL (GENERAL) • 33,229 SF
      326 Rainbow Cir, Independence, VA 24348-3834
      View Details

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    Independence, VA 24348-4582
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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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