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    Property profile & analytics

    34 Tank Rd Nelson, VA 24580

    • Industrial properties
    • 17,432 SF
    • 17.99 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2530981
    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

    • Industrial properties

    Property Details for 34 Tank Rd

    Year built
    1976
    Lot size
    17.99 lot acres
    Property size
    17,432 SF
    Zone code
    M1
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    186A01-02--E
    APU
    186A0102E

    Description

    This 17.98-acre industrial land parcel in Nelson, Virginia, presents a significant redevelopment opportunity. Located on Tank Rd, Mecklenburg County (zip code 24580), the property boasts Heavy Industrial zoning, allowing for diverse processing, manufacturing, and storage uses. The site includes a 15,015 square foot building, which may be suitable for renovation or demolition. Existing access points along Route 49 provide convenient access to US Interstate 85. Extensive environmental remediation, completed in 2009 by the Virginia Department of Environmental Quality and the Environmental Protection Agency, ensures a clean slate for future development. The property's wooded area, primarily pine trees, offers potential additional income from timber sales. The large lot size facilitates expansion or new construction, making this an attractive prospect for end-users or investors seeking a substantial industrial footprint in a strategic location. The asking price is $539,400.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nelson
    County
    Mecklenburg
    State
    Virginia
    Longitude
    -78.6531
    Latitude
    36.5758

    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
    $482
    $74,100
    $46,500
    $120,600
    -
    $74,100
    $46,500
    $120,600

    Comparable in this City

    • Value Estimation by Request

      Nelson, VA 24580

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      Nelson, VA 24580
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    • Value Estimation by Request
      1,960 SF

      3557 Hwy 49

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,960 SF
      3557 Hwy 49, Nelson, VA 24580-3001
      View Details
    • Value Estimation
      $405,000
      4,258 SF

      1846 Hwy Fortynine

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,258 SF
      1846 Hwy Fortynine, Nelson, VA 24580
      View Details
    • Value Estimation by Request
      1,120 SF

      Nelson, VA 24580

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,120 SF
      Nelson, VA 24580
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    • Value Estimation by Request
      1,680 SF

      3021 Hwy 49

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,680 SF
      3021 Hwy 49, Nelson, VA 24580-2915
      View Details
    • Value Estimation by Request
      900 SF

      6206 White House Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 900 SF
      6206 White House Rd, Nelson, VA 24580-3436
      View Details

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    34 Tank Rd
    Nelson, VA 24580
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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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