Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    22706 Jeb Stuart Hwy Damascus, VA 24236

    • Commercial real estate
    • 1,716 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Last Sale
    Oct 31, 2023
    $220,000
    Location Intelligence
    Property ID
    US87-1655946
    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

    • Truliant Federal Credit Union Damascus / Insurance Broker / Financial Planner

    Property Details for 22706 Jeb Stuart Hwy

    Year built
    1979
    Lot size
    0.80 lot acres
    Property size
    1,716 SF
    Zone code
    A2 AGRICULTURAL GENERAL
    Property type
    Commercial real estate
    APN
    172D 1 14
    APU
    172D114

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $170,000
      7%
      $175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $200,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $165,000
      Mixed-Use
      $165,000
      Hospitality
      $220,000
      Educational
      $175,000
      Residential Income
      $165,000
      Energy
      $200,000
      Income-Based Land
      $170,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Damascus
    County
    Washington
    State
    Virginia
    Longitude
    -81.8007
    Latitude
    36.6399
    CBSA code
    28700
    CBSA name
    KINGSPORT-BRISTOL-BRISTOL, TN-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
    0
    $0.00
    $32,000
    $242,000
    $274,000
    -
    $32,000
    $242,000
    $274,000

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      32173 Government Rd

      COMMERCIAL (GENERAL) • 1,500 SF
      32173 Government Rd, Damascus, VA 24236-2611
      View Details
    • Value Estimation by Request
      3,976 SF

      126 Laurel Ave

      COMMERCIAL (GENERAL) • 3,976 SF
      126 Laurel Ave, Damascus, VA 24236
      View Details
    • Value Estimation
      $480,000
      5,920 SF

      401 3rd St

      COMMERCIAL (GENERAL) • 5,920 SF
      401 3rd St, Damascus, VA 24236
      View Details
    • Value Estimation by Request
      82,500 SF

      872 Jeb Stuart Hwy

      COMMERCIAL (GENERAL) • 82,500 SF
      872 Jeb Stuart Hwy, Damascus, VA 24236
      View Details
    • Value Estimation
      $375,000
      6,563 SF

      202 Laurel Ave

      COMMERCIAL (GENERAL) • 6,563 SF
      202 Laurel Ave, Damascus, VA 24236
      View Details
    • Value Estimation
      $240,000
      2,902 SF

      211 Reynolds St

      COMMERCIAL (GENERAL) • 2,902 SF
      211 Reynolds St, Damascus, VA 24236-5090
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.27 Acres

      Secluded Recreational Land Near Trails

      High-elevation wooded acreage near Jefferson National Forest and Appalachian Trail.
      14b Lot Pennington Br Rd, Troutdale, VA 24236
      View Details
    • Contact for pricing
      0.39 Acres

      Level Lot Near Holston High

      Level building lot near Holston High School in Damascus, VA.
      Monroe Rd, Damascus, VA 24236
      View Details
    • $30,000
      0.50 Acres

      Half-Acre Wooded Lot in Damascus

      Wooded lot near Jefferson National Forest, ideal for outdoor adventures.
      Azen Rd, Damascus, VA 24236
      View Details
    • $274,000
      36.00 Acres

      36 Acres of Untouched Wilderness

      Secluded 36-acre property bordering Jefferson National Forest in Konnarock, Virginia.
      513 Beadwood Ln, Damascus, VA 24236
      View Details
    • Contact for pricing
      1.27 Acres

      Recreational Land Near Jefferson Forest

      Secluded wooded acreage near trails and national forest.
      Pennington Br Rd, Damascus, VA 24236
      View Details
    • $274,000
      36.00 Acres

      36 Acres of Virginia Wilderness

      Secluded 36-acre property bordering Jefferson National Forest.
      513 Beadwood Ln, Damascus, VA 24236
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22706 Jeb Stuart Hwy
    Damascus, VA 24236
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.