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    Property profile & analytics

    21 Highland Dr Lebanon, VA 24266-4664

    • Turn key restaurants
    • 2,366 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $675,000
    Location Intelligence
    Property ID
    US87-3010971
    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 21 Highland Dr

    Lot size
    1.14 lot acres
    Property size
    2,366 SF
    Property type
    Turn key restaurants
    APN
    104R 1017B
    APU
    104R1017B

    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
    -82.0692
    Latitude
    36.9022

    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
    $2,688
    $161,100
    $265,500
    $426,600
    -
    $161,100
    $265,500
    $426,600

    Comparable in this City

    • Value Estimation
      $350,000
      1,800 SF

      326 Cliffside Dr

      RESTAURANT • 1,800 SF
      326 Cliffside Dr, Lebanon, VA 24266-7119
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    • Value Estimation
      $385,000
      3,738 SF

      1158 Main St

      RESTAURANT • 3,738 SF
      1158 Main St, Lebanon, VA 24266-5014
      View Details
    • Value Estimation
      $425,000
      3,576 SF

      1273 Main St

      RESTAURANT • 3,576 SF
      1273 Main St, Lebanon, VA 24266-5016
      View Details
    • Value Estimation
      $415,000
      7,184 SF

      2243 Main St

      RESTAURANT • 7,184 SF
      2243 Main St, Lebanon, VA 24266-7190
      View Details
    • Value Estimation
      $195,000
      3,136 SF

      44 Ml Ave

      RESTAURANT • 3,136 SF
      44 Ml Ave, Lebanon, VA 24266-3684
      View Details
    • Value Estimation by Request
      4,680 SF

      Fuller Rd

      RESTAURANT • 4,680 SF
      Fuller Rd, Lebanon, VA 24266
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Restaurant with Drive-Thru For Sale

      2,626 SF restaurant with drive-thru on 1.23 AC.
      21 Highland Dr, Lebanon, VA 24266
      View Details
    • $126,000
      10.00 Acres

      Pristine Wooded Acres in Lebanon

      10+/- acres of wooded land close to town amenities.
      N Angle Ave, Lebanon, VA 24266
      View Details
    • Contact for pricing
      0.30 Acres

      Residential Lots with Mountain Views

      Ready-to-build residential lots with utilities and mountain views.
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    • $60,000
      0.48 Acres

      Lebanon, VA Land Parcel

      Nearly half-acre lot in Lebanon, ready for new home.
      Jones Dr, Lebanon, VA 24266
      View Details
    • Contact for pricing
      1.10 Acres

      Scenic Land with Mountain Views

      1.1 acres of land near Lebanon, VA, perfect for building.
      Summit Ave, Lebanon, VA 24266
      View Details
    • Contact for pricing
      0.26 Acres

      Residential Lot in The Ridges

      Improved residential lot with views, ready for dream home.
      Rdg Dr, Lebanon, VA 24266
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      4,000 SF

      Versatile Commercial Space on Main

      4,000 sq ft commercial building with endless possibilities.
      619 W Main St, Lebanon, VA 24266
      View Details
    • $16 SF/Yr
      8,000 SF

      Lebanon Retail Space Available

      8,000 SF Retail Center, 1,497 SF Vacant
      159 Pittston Rd, Lebanon, VA 24266
      View Details
    • $1,000 /Mo
      1,350 SF

      Renovated Office Space For Rent

      Recently renovated office space in Lebanon's Russell County Shopping Center.
      1768 E Main St, Lebanon, VA 24266
      View Details
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    Lebanon, VA 24266-4664
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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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