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    Property profile & analytics

    19587 Riverside Dr Grundy, VA 24614

    • Motels
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3084462
    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

    • Motels

    Property Details for 19587 Riverside Dr

    Year built
    1963
    Construction
    BRICK
    Property type
    Motels
    APN
    2HH183009 INST A
    APU
    2HH183009INSTA

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grundy
    County
    Buchanan
    State
    Virginia
    Longitude
    -82.1047
    Latitude
    37.2478

    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
    $1,894
    $212,500
    $273,200
    $485,700
    -
    $212,500
    $273,200
    $485,700

    Comparable in this City

    • Value Estimation by Request
      4,380 SF

      19489 Riverside Dr

      MOTEL • 4,380 SF
      19489 Riverside Dr, Grundy, VA 24614
      View Details
    • Value Estimation
      $195,000
      2.06 Acres

      28815 Riverside Dr

      MOTEL • 2.06 Acres
      28815 Riverside Dr, Grundy, VA 24614
      View Details
    • Value Estimation by Request

      22196 Riverside Dr

      FUNERAL HOME
      22196 Riverside Dr, Grundy, VA 24614
      View Details
    • Value Estimation by Request

      1144 Riverview St

      COMMERCIAL (GENERAL)
      1144 Riverview St, Grundy, VA 24614-9403
      View Details
    • Value Estimation by Request
      1.95 Acres

      1007 Vintage Rd

      COMMERCIAL (GENERAL) • 1.95 Acres
      1007 Vintage Rd, Grundy, VA 24614-6035
      View Details
    • Value Estimation by Request
      0.09 Acres

      1110 Walnut St

      OFFICE BUILDING • 0.09 Acres
      1110 Walnut St, Grundy, VA 24614
      View Details

    Similar Nearby for Sale

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      Multi-Home Investment Opportunity in Grundy

      Four homes and a storefront on 1.43 acres in Grundy, VA.
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      Pending

      Unrestricted Land in Grundy, VA

      22+ acres of unrestricted land perfect for hunting or recreation.
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      46.53 Acres of Hunting Land

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      0.22 Acres

      Land on US-460, Grundy, VA

      Quarter-acre lot on US-460/Riverside Drive in Grundy, Virginia.
      Riverside Dr, Grundy, VA 24614
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    • $242,000
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      100 Acres of Mountainous Land

      Private 100-acre retreat near downtown Grundy, Virginia.
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    19587 Riverside Dr
    Grundy, VA 24614
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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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