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    Property profile & analytics

    2045 Franklin St Christiansburg, VA 24073-1227

    • Commercial real estate
    • 1,152 SF
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US87-1747558
    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

    • Tuck Chiropractic Clinic • Christiansburg / Chiropractor
    • Tuck Ray DC / Chiropractor / Physical Therapist
    • Eric Johnsen - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • Joseph Tyler Garapola / Chiropractor
    • Lee Rhodes Matthis / Chiropractor

    Property Details for 2045 Franklin St

    Year built
    1995
    Property size
    1,152 SF
    Zone code
    B3
    Property type
    Commercial real estate
    APN
    436- 3 D
    APU
    4363D

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $150,000
      7%
      $165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $145,000
      Retail
      $160,000
      Mixed-Use
      $175,000
      Hospitality
      $175,000
      Educational
      $170,000
      Residential Income
      $160,000
      Energy
      $155,000
      Income-Based Land
      $195,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Christiansburg
    County
    Montgomery
    State
    Virginia
    Longitude
    -80.4174
    Latitude
    37.158
    CBSA code
    13980
    CBSA name
    BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA

    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
    $12
    $40,300
    $121,700
    $162,000
    -
    $40,300
    $121,700
    $162,000

    Comparable in this City

    • Value Estimation by Request
      3.68 Acres

      Parcel 3 Tyler Rd

      Land • 3.68 Acres
      Parcel 3 Tyler Rd, Christiansburg, VA 24073
      View Details
    • Value Estimation by Request
      950 SF

      55 Conston Ave

      Retail properties • 950 SF
      55 Conston Ave, Christiansburg, VA 24073
      View Details
    • Value Estimation by Request
      4.84 Acres

      2320 Roanoke St

      COMMERCIAL (GENERAL) • 4.84 Acres
      2320 Roanoke St, Christiansburg, VA 24073-2516
      View Details
    • Value Estimation by Request
      1.28 Acres

      3290 Roanoke St

      COMMERCIAL (GENERAL) • 1.28 Acres
      3290 Roanoke St, Christiansburg, VA 24073-4908
      View Details
    • Value Estimation by Request

      Christiansburg, VA 24073

      COMMERCIAL (GENERAL)
      Christiansburg, VA 24073
      View Details
    • Value Estimation by Request

      Christiansburg, VA 24073

      COMMERCIAL (GENERAL)
      Christiansburg, VA 24073
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $21 SF/Yr
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      Christiansburg Office Space Available

      Versatile office suites, flexible terms.
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      24,000 SF

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      24,000 SF Retail Space - Available Now
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      Office suite for lease, convenient location, monument signage.
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    • $72 SF/Yr
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      Christiansburg Flex Space For Lease

      Office & Yard Space Available, 800-1300 sqft
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    • Contact for pricing
      35,000 SF

      Regional Shopping Center Retail Space

      Regional shopping center in retail corridor near universities.
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    • Contact for pricing
      4,800 SF

      Regional Shopping Center Retail Space

      Retail space in a well-located regional shopping center.
      103-195 Conston Ave, Christiansburg, VA 24073
      View Details
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    2045 Franklin St
    Christiansburg, VA 24073-1227
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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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