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

    40 Depot St Chatham, VA 24531-3352

    • Retail space
    • 2,232 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $40,000
    Last Sale
    Jun 27, 2022
    $51,500
    Location Intelligence
    Property ID
    US87-3018846
    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

    • Chatham Shirts / T-Shirt Store

    Property Details for 40 Depot St

    Year built
    1952
    Construction
    WOOD
    Lot size
    0.52 lot acres
    Property size
    2,232 SF
    Zone code
    TZ
    Property type
    Retail space
    APN
    2416-90-4628
    APU
    2416904628

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chatham
    County
    Pittsylvania
    State
    Virginia
    Longitude
    -79.4002
    Latitude
    36.8239
    CBSA code
    19260
    CBSA name
    DANVILLE, 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
    $1,177
    $20,000
    $190,200
    $210,200
    -
    $20,000
    $190,200
    $210,200

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      104 Cavalry Rd

      RETAIL STORES (PERSONAL SERVICES) • 1.50 Acres
      104 Cavalry Rd, Chatham, VA 24531-4111
      View Details
    • Value Estimation by Request
      1.00 Acre

      2665 Concord Rd

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      2665 Concord Rd, Chatham, VA 24531
      View Details
    • Value Estimation by Request
      0.85 Acres

      1516 Strawberry Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.85 Acres
      1516 Strawberry Rd, Chatham, VA 24531-4232
      View Details
    • Value Estimation by Request
      960 SF

      23 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      23 Ctr St, Chatham, VA 24531
      View Details
    • Value Estimation by Request
      680 SF

      21541 Us Hwy 29th No

      RETAIL STORES (PERSONAL SERVICES) • 680 SF
      21541 Us Hwy 29th No, Chatham, VA 24531-5283
      View Details
    • Value Estimation by Request
      2,000 SF

      Chatham, VA 24531

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      Chatham, VA 24531
      View Details

    Similar Nearby for Sale

    • $250,000
      3,216 SF

      Income-Producing Property in Chatham

      Five rental units in the heart of Chatham, Virginia.
      8 Pruden St, Chatham, VA 24531
      View Details
    • $150,000
      4,743 SF

      Chatham Mixed-Use Investment Opportunity

      Income-producing property with retail, warehouse, and residential units.
      29 Ctr St, Chatham, VA 24531
      View Details
    • $109,900
      10.78 Acres

      Wooded Acreage with Road Frontage

      10.78 acre wooded tract with road frontage in Chatham, VA.
      00 Spring Garden Rd, Chatham, VA 24531
      View Details
    • $66,000
      13.33 Acres

      Chatham Vacant Land For Sale

      13.33 acres of vacant land in Chatham, Virginia.
      Chatham VA 24531 Lester Rd, Chatham, VA 24531
      View Details
    • $249,900
      49.13 Acres

      Chatham Land with Timber

      49.13 acre Chatham, VA property with timber.
      00 Abbott Pl, Chatham, VA 24531
      View Details
    • $35,000
      11.50 Acres

      Wooded Land with Easement Access

      11.5 acres of wooded land with structures in Chatham, VA.
      Beverly Heights Rd, Chatham, VA 24531
      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.
    40 Depot St
    Chatham, VA 24531-3352
    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.