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

    2407 Spg Grv Rd Spring Grove, VA 23881-8109

    • Commercial real estate
    • 2,438 SF
    • 12.93 lot acres
    OFF-MARKET
    Value Estimation
    $485,000
    Location Intelligence
    Property ID
    US87-1969988
    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

    • Commercial real estate

    Property Details for 2407 Spg Grv Rd

    Year built
    1980
    Lot size
    12.93 lot acres
    Property size
    2,438 SF
    Property type
    Commercial real estate
    APN
    11-82
    APU
    1182

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spring Grove
    County
    Surry
    State
    Virginia
    Longitude
    -76.9714
    Latitude
    37.2028
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 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
    $2,643
    $60,800
    $311,400
    $372,200
    -
    $60,800
    $311,400
    $372,200

    Comparable in this City

    • Value Estimation
      $195,000
      0.66 Acres

      Villa Rd

      COMMERCIAL (GENERAL) • 0.66 Acres
      Villa Rd, Spring Grove, VA 23881
      View Details
    • Value Estimation
      $570,000
      4,400 SF

      56 Flying Pt Brg Rd

      COMMERCIAL (GENERAL) • 4,400 SF
      56 Flying Pt Brg Rd, Spring Grove, VA 23881
      View Details
    • Value Estimation by Request
      2,492 SF

      7860 Colonial W Trl

      COMMERCIAL (GENERAL) • 2,492 SF
      7860 Colonial W Trl, Spring Grove, VA 23881-8227
      View Details
    • Value Estimation
      $380,000
      43.13 Acres

      Spring

      COMMERCIAL (GENERAL) • 43.13 Acres
      Spring, Grove, VA 23881
      View Details
    • Value Estimation
      $290,000
      0.57 Acres

      Villa Rd

      COMMERCIAL (GENERAL) • 0.57 Acres
      Villa Rd, Spring Grove, VA 23881
      View Details
    • Value Estimation by Request
      0.60 Acres

      James Riv Overview

      COMMERCIAL (GENERAL) • 0.60 Acres
      James Riv Overview, Spring Grove, VA 23881
      View Details

    Similar Nearby for Sale

    • $100,000
      10.00 Acres

      Wooded Land Near Route 10

      10 acres of wooded land in Spring Grove, Virginia.
      9-22 Deer Rdg Trl, Spring Grove, VA 23881
      View Details
    • $90,000
      9.75 Acres

      Land in Spring Grove, VA

      9.75 acres of land in Prince George County, Virginia.
      7016 Chippokes Rd, Spring Grove, VA 23881
      View Details
    • $185,000
      24.46 Acres

      Untouched Wooded Acreage in Spring Grove

      24.456 acres of wooded land with potential for division.
      14955 Lebanon Rd, Spring Grove, VA 23881
      View Details
    • $130,000
      0.32 Acres

      Water View Lot in Claremont

      Water view lot in a serene golf cart community.
      Villa Rd, Claremont, VA 23881
      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.
    2407 Spg Grv Rd
    Spring Grove, VA 23881-8109
    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.