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    Property profile & analytics

    1863 Main St Lebanon, VA 24266-3423

    • Medical offices
    • 3,600 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Last Sale
    Nov 03, 2021
    $229,000
    Location Intelligence
    Property ID
    US87-2813167
    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

    • Medical offices

    Property Details for 1863 Main St

    Lot size
    0.46 lot acres
    Property size
    3,600 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    104R IDD 973A
    APU
    104RIDD973A

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Russell
    State
    Virginia
    Longitude
    -82.0564
    Latitude
    36.9049

    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
    2024
    $1,526
    $139,000
    $103,300
    $242,300
    -
    $139,000
    $103,300
    $242,300

    Comparable in this City

    • Value Estimation
      $270,000
      16,800 SF

      320 Clydes Way Dr

      MEDICAL BUILDING • 16,800 SF
      320 Clydes Way Dr, Lebanon, VA 24266
      View Details
    • Value Estimation
      $825,000
      77,938 SF

      70 Thornhill Dr

      MEDICAL BUILDING • 77,938 SF
      70 Thornhill Dr, Lebanon, VA 24266-6093
      View Details
    • Value Estimation
      $775,000
      40,000 SF

      85 Wxlz Dr

      MEDICAL BUILDING • 40,000 SF
      85 Wxlz Dr, Lebanon, VA 24266
      View Details
    • Value Estimation
      $400,000
      5,305 SF

      21 Main St

      MEDICAL BUILDING • 5,305 SF
      21 Main St, Lebanon, VA 24266
      View Details
    • Value Estimation
      $265,000
      1,725 SF

      265 Main St

      MEDICAL BUILDING • 1,725 SF
      265 Main St, Lebanon, VA 24266
      View Details
    • Value Estimation
      $155,000
      6,000 SF

      380 Clydes Way Dr

      MEDICAL BUILDING • 6,000 SF
      380 Clydes Way Dr, Lebanon, VA 24266-4561
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      1.10 Acres

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      1.1 acres of land near Lebanon, VA, perfect for building.
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      Ready-to-build residential lots with utilities and mountain views.
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      0.26 Acres

      Residential Lot in The Ridges

      Improved residential lot with views, ready for dream home.
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    Similar Nearby for Lease

    • $4,000 /Mo
      4,000 SF

      Versatile Commercial Space on Main

      4,000 sq ft commercial building with endless possibilities.
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      View Details
    • $1,000 /Mo
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      Renovated Office Space For Rent

      Recently renovated office space in Lebanon's Russell County Shopping Center.
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    • $16 SF/Yr
      8,000 SF

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    1863 Main St
    Lebanon, VA 24266-3423
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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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