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    Property profile & analytics

    242 Main St Tazewell, VA 24651

    • Office buildings
    • 1,658 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2115762
    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

    • Jeffrey D. Murray & Co., LLC / Investment Company / Financial Advisor

    Property Details for 242 Main St

    Year built
    1917
    Property size
    1,658 SF
    Property type
    Office buildings
    APN
    094B4A 0114
    APU
    094B4A0114

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tazewell
    County
    Tazewell
    State
    Virginia
    Longitude
    -81.5209
    Latitude
    37.1161
    CBSA code
    14140
    CBSA name
    BLUEFIELD, WV-VA MICROPOLITAN 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
    2019
    $526
    $12,000
    $78,700
    $90,700
    -
    $12,000
    $78,700
    $90,700

    Comparable in this City

    • Value Estimation by Request
      3,570 SF

      238 Main St

      OFFICE BUILDING • 3,570 SF
      238 Main St, Tazewell, VA 24651-6110
      View Details
    • Value Estimation by Request
      2,736 SF

      181 Fincastle Tpke

      OFFICE BUILDING • 2,736 SF
      181 Fincastle Tpke, Tazewell, VA 24651-6111
      View Details
    • Value Estimation
      $205,000
      12,268 SF

      Tazewell, VA 24651

      OFFICE BUILDING • 12,268 SF
      Tazewell, VA 24651
      View Details
    • Value Estimation
      $390,000
      3,198 SF

      139 Fincastle Tpke

      OFFICE BUILDING • 3,198 SF
      139 Fincastle Tpke, Tazewell, VA 24651-6111
      View Details
    • Value Estimation
      $255,000
      5,592 SF

      409 Main St

      OFFICE BUILDING • 5,592 SF
      409 Main St, Tazewell, VA 24651-6114
      View Details
    • Value Estimation by Request
      1,920 SF

      172 Main St

      OFFICE BUILDING • 1,920 SF
      172 Main St, Tazewell, VA 24651-6109
      View Details

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      9.83 acre residential land perfect for building a dream home.
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    • Contact for pricing
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      Residential Lots in Rolling Hills

      Two residential lots in a convenient, peaceful Tazewell location.
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    • New
      $199,000
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      Commercial Land in Tazewell, VA

      Commercial land with building near hospital and town amenities.
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      Prime Commercial Property on Highway

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    242 Main St
    Tazewell, VA 24651
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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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