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    Property profile & analytics

    231 2nd St Amherst, VA 24521

    • Auto shops
    • 1,872 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2974905
    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

    • Auto shops

    Property Details for 231 2nd St

    Year built
    1951
    Property size
    1,872 SF
    Zone code
    B2
    Property type
    Auto shops
    APN
    96A4 A 123
    APU
    96A4A123

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Amherst
    State
    Virginia
    Longitude
    -79.0468
    Latitude
    37.5827
    CBSA code
    31340
    CBSA name
    LYNCHBURG, 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
    $391
    $35,000
    $29,100
    $64,100
    -
    $35,000
    $29,100
    $64,100

    Comparable in this City

    • Value Estimation
      $130,000
      1,440 SF

      116 Ct St

      AUTO REPAIR, GARAGE • 1,440 SF
      116 Ct St, Amherst, VA 24521
      View Details
    • Value Estimation
      $420,000
      16,168 SF

      533 Main St

      AUTO REPAIR, GARAGE • 16,168 SF
      533 Main St, Amherst, VA 24521-2623
      View Details
    • Value Estimation
      $315,000
      9,856 SF

      488 Main St

      AUTO REPAIR, GARAGE • 9,856 SF
      488 Main St, Amherst, VA 24521-2633
      View Details
    • Value Estimation
      $340,000
      3,552 SF

      906 Richmond Hwy

      AUTO REPAIR, GARAGE • 3,552 SF
      906 Richmond Hwy, Amherst, VA 24521-3965
      View Details
    • Value Estimation
      $340,000
      2,100 SF

      2152 Amherst Hwy

      AUTO REPAIR, GARAGE • 2,100 SF
      2152 Amherst Hwy, Amherst, VA 24521-4387
      View Details
    • Value Estimation
      $410,000
      8,150 SF

      4893 Lexington Tpke

      AUTO REPAIR, GARAGE • 8,150 SF
      4893 Lexington Tpke, Amherst, VA 24521
      View Details

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    231 2nd St
    Amherst, VA 24521
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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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