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    Property profile & analytics

    19108 Us Hwy 58 Castlewood, VA 24224-5987

    • Turn key restaurants
    • 2,600 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US87-2746126
    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

    • Turn key restaurants

    Property Details for 19108 Us Hwy 58

    Lot size
    0.39 lot acres
    Property size
    2,600 SF
    Property type
    Turn key restaurants
    APN
    156L ILE 3347
    APU
    156LILE3347

    Description

    This exceptional 1.85-acre commercial property in Castlewood, Virginia, presents a unique investment opportunity. Located at 19108 US Hwy 58, its prime location offers high visibility and accessibility. The expansive land area allows for a wide range of development possibilities, catering to diverse business needs. The property is ideally suited for various commercial ventures, including but not limited to retail establishments, medical facilities, or other professional offices. Its strategic positioning within Castlewood ensures convenient access for both local residents and travelers. The substantial acreage provides ample space for building expansion or future development, offering significant potential for growth and return on investment. This property represents a rare chance to acquire a significant commercial parcel in a thriving community. All information provided is derived from tax records and third-party sources

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Castlewood
    County
    Russell
    State
    Virginia
    Longitude
    -82.3027
    Latitude
    36.8766

    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
    $829
    $68,000
    $63,600
    $131,600
    -
    $68,000
    $63,600
    $131,600

    Comparable in this City

    • Value Estimation
      $300,000
      1,620 SF

      27 Miners Dr

      RESTAURANT • 1,620 SF
      27 Miners Dr, Castlewood, VA 24224-7002
      View Details
    • Value Estimation
      $300,000
      2,172 SF

      18928 Us Hwy 58

      RESTAURANT • 2,172 SF
      18928 Us Hwy 58, Castlewood, VA 24224
      View Details
    • Value Estimation by Request
      1,584 SF

      2466 Dante Rd

      AUTO REPAIR, GARAGE • 1,584 SF
      2466 Dante Rd, Castlewood, VA 24224-7535
      View Details
    • Value Estimation
      $210,000
      2,982 SF

      19444 Us Hwy 58

      CONVENIENCE STORE • 2,982 SF
      19444 Us Hwy 58, Castlewood, VA 24224
      View Details
    • Value Estimation by Request
      1,400 SF

      19570 Us Hwy 58

      AUTO REPAIR, GARAGE • 1,400 SF
      19570 Us Hwy 58, Castlewood, VA 24224
      View Details
    • Value Estimation by Request
      1,764 SF

      21365 Us Hwy 58

      AUTO REPAIR, GARAGE • 1,764 SF
      21365 Us Hwy 58, Castlewood, VA 24224-6106
      View Details

    Similar Nearby for Sale

    • $550,000

      Established Restaurant with Income Potential

      Long-standing restaurant with additional office and residential income.
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    • $600,000
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      Prime Commercial Land in Castlewood

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      Pristine wooded acreage perfect for your dream project.
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    19108 Us Hwy 58
    Castlewood, VA 24224-5987
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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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