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

    481 Steeles Ft Rd Raphine, VA 24472-2512

    • Apartment buildings
    • 19,200 SF
    • 1.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3188384
    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

    • Lake Side Manor Apartments / Apartment Building

    Property Details for 481 Steeles Ft Rd

    Year built
    1988
    Lot size
    1.51 lot acres
    Property size
    19,200 SF
    Zone code
    AT
    Property type
    Apartment buildings
    APN
    28 3 10C
    APU
    28310C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raphine
    County
    Rockbridge
    State
    Virginia
    Longitude
    -79.2305
    Latitude
    37.919

    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
    0
    $0.00
    $125,000
    $633,600
    $758,600
    -
    $125,000
    $633,600
    $758,600

    Comparable in this City

    • Value Estimation
      $1,125,000
      4,608 SF

      441 Steeles Ft Rd

      APARTMENT HOUSE (5+ UNITS) • 4,608 SF
      441 Steeles Ft Rd, Raphine, VA 24472-2539
      View Details
    • Value Estimation by Request
      2.29 Acres

      Raphine, VA 24472

      VACANT COMMERCIAL LAND • 2.29 Acres
      Raphine, VA 24472
      View Details
    • Value Estimation by Request
      70.22 Acres

      Interstate Dr

      VACANT COMMERCIAL LAND • 70.22 Acres
      Interstate Dr, Raphine, VA 24472
      View Details
    • Value Estimation by Request
      1,728 SF

      45 Commerce Park Dr

      COMMERCIAL (GENERAL) • 1,728 SF
      45 Commerce Park Dr, Raphine, VA 24472-2547
      View Details
    • Value Estimation by Request
      3,200 SF

      670 Oakland Cir

      OFFICE BUILDING • 3,200 SF
      670 Oakland Cir, Raphine, VA 24472-2424
      View Details
    • Value Estimation by Request
      1,800 SF

      2139 Raphine Rd

      COMMERCIAL (GENERAL) • 1,800 SF
      2139 Raphine Rd, Raphine, VA 24472-2421
      View Details

    Similar Nearby for Sale

    • $85,000
      4.08 Acres

      Residential Lot Bordering National Forest

      4.089 acre wooded lot near National Forest, suitable for home.
      Tbd Pkin Ln, Raphine, VA 24472
      View Details
    • $750,000
      14.48 Acres

      Raphine, VA Agricultural Land Investment

      14.475 acres, I-81 visibility, business zoning.
      0 Old B&O Rd, Raphine, VA 24472
      View Details
    • $549,000
      47.00 Acres

      47 Acres in Raphine, VA

      Agricultural land with potential for building or subdivision near Lexington.
      47 N Lee Hwy, Raphine, VA 24472
      View Details
    • $189,000
      11.89 Acres

      Raphine, VA Building Lots

      Nearly 12 acres of land in Riverheads District.
      Tbd Cold Spg Rd, Raphine, VA 24472
      View Details
    • $129,000
      0.50 Acres

      Residential Building Lot in Raphine

      Residential building lot available in Raphine, Virginia.
      15 Waterfront Dr, Raphine, VA 24472
      View Details
    • $699,900
      0.32 Acres

      Land For Sale in Raphine

      Land available for purchase in Raphine, Virginia.
      2498 Raphine Rd, Raphine, VA 24472
      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.
    481 Steeles Ft Rd
    Raphine, VA 24472-2512
    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.