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    Property profile & analytics

    278 Main St Kilmarnock, VA 22482-9997

    • Office buildings
    • 984 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Last Sale
    Jun 11, 2024
    $183,900
    Location Intelligence
    Property ID
    US87-2906766
    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

    • Virginia Farm Bureau Insurance Company / Home Insurance Agency / Life Insurance Agency

    Property Details for 278 Main St

    Year built
    1997
    Lot size
    0.33 lot acres
    Property size
    984 SF
    Zone code
    C1
    Property type
    Office buildings
    APN
    23A 21 41B
    APU
    23A2141B

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kilmarnock
    County
    Lancaster
    State
    Virginia
    Longitude
    -76.381
    Latitude
    37.7171

    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
    $1,089
    $72,500
    $100,400
    $172,900
    -
    $72,500
    $100,400
    $172,900

    Comparable in this City

    • Value Estimation
      $420,000
      3,000 SF

      97 Fmc Dr

      OFFICE BUILDING • 3,000 SF
      97 Fmc Dr, Kilmarnock, VA 22482-9503
      View Details
    • Value Estimation
      $190,000
      768 SF

      45 Augusta St

      OFFICE BUILDING • 768 SF
      45 Augusta St, Kilmarnock, VA 22482
      View Details
    • Value Estimation
      $265,000
      4,484 SF

      27 Irvington Rd

      OFFICE BUILDING • 4,484 SF
      27 Irvington Rd, Kilmarnock, VA 22482-3826
      View Details
    • Value Estimation
      $370,000
      1,568 SF

      67 Irvington Rd

      OFFICE BUILDING • 1,568 SF
      67 Irvington Rd, Kilmarnock, VA 22482
      View Details
    • Value Estimation
      $420,000
      1,488 SF

      672 Main St

      OFFICE BUILDING • 1,488 SF
      672 Main St, Kilmarnock, VA 22482
      View Details
    • Value Estimation by Request
      2,976 SF

      43 Main St

      OFFICE BUILDING • 2,976 SF
      43 Main St, Kilmarnock, VA 22482
      View Details

    Similar Nearby for Sale

    • $495,000
      4,875 SF

      Medical Building Near Rappahannock Hospital

      Medical building with exam rooms and ample parking.
      86 Harris Rd, Kilmarnock, VA 22482
      View Details
    • $355,000
      1,636 SF

      Kilmarnock Commercial Property For Sale

      Charming commercial building in Kilmarnock's vibrant Steptoe's District.
      90 N Main St, Kilmarnock, VA 22482
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    • $495,000
      4,620 SF

      Kilmarnock Retail/Office Space For Sale

      Prime Main Street location suitable for retail or office applications.
      24 North Main St, Kilmarnock, VA 22482
      View Details
    • $447,900
      2,527 SF

      Historic Kilmarnock Office Building

      Charming Office, Updated, High Visibility
      89 Main St, Kilmarnock, VA 22482
      View Details
    • $395,000
      2,527 SF

      Kilmarnock Commercial Hub Opportunity

      Prime commercial lot in Kilmarnock's historic Steptoes District.
      89 N Main St, Kilmarnock, VA 22482
      View Details
    • Contact for pricing
      0.56 Acres

      Land Near Marina and Town

      Two level lots near marina, tennis, and Kilmarnock.
      lot 9 & 10 Pocahontas Dr, Kilmarnock, VA 22482
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      60,050 SF

      Lancaster Square Retail Center

      Prime Kilmarnock Retail Space Available
      424 Main St, Kilmarnock, VA 22482
      View Details
    • $18 SF/Yr
      1,200 SF

      Retail Space Near Main Street

      Retail spaces available in high-traffic Kilmarnock location.
      10-150 Old Fair Grounds Way, Kilmarnock, VA 22482
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Kilmarnock Hub

      Retail space available in Kilmarnock's commercial hub anchored by Food Lion.
      394-424 N Main St, Kilmarnock, VA 22482
      View Details
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    278 Main St
    Kilmarnock, VA 22482-9997
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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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