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    Property profile & analytics

    221 2nd St Spencer, WV 25276-1235

    • Investment properties
    • 1,540 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $80,000
    Last Sale
    Aug 21, 2023
    $98,000
    Location Intelligence
    Property ID
    US94-0095786
    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

    • Investment properties

    Property Details for 221 2nd St

    Year built
    1900
    Lot size
    0.25 lot acres
    Property size
    1,540 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    44-08-0002-0012-0000
    APU
    4408000200120000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Roane
    State
    West Virginia
    Longitude
    -81.352
    Latitude
    38.8071

    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
    $646
    $2,820
    $53,880
    $56,700
    -
    $4,700
    $89,800
    $94,500

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      820 Capitol St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.23 Acres
      820 Capitol St, Spencer, WV 25276-1926
      View Details
    • Value Estimation by Request
      3,276 SF

      203 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,276 SF
      203 Church St, Spencer, WV 25276-1412
      View Details
    • Value Estimation
      $460,000
      0.12 Acres

      Beauty St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.12 Acres
      Beauty St, Spencer, WV 25276
      View Details
    • Value Estimation by Request
      976 SF

      412 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 976 SF
      412 Main St, Spencer, WV 25276-1134
      View Details
    • Value Estimation
      $220,000
      9.00 Acres

      Rte 33

      OFFICE/RESIDENTIAL (MIXED USE) • 9.00 Acres
      Rte 33, Spencer, WV 25276
      View Details
    • Value Estimation
      $50,000
      2,183 SF

      206 Frnt St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,183 SF
      206 Frnt St, Spencer, WV 25276-1304
      View Details

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    • $150,000
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      Prime Spencer, WV Commercial Space

      2,520 sq ft, 0.05 acre lot, $150,000
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      Recently Renovated Commercial Building

      Renovated commercial building in the heart of Spencer, West Virginia.
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    221 2nd St
    Spencer, WV 25276-1235
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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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