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    500 Commonwealth Blvd Emporia, VA 23847-1226

    • Retail space
    • 2.12 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3082500
    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

    • Schewels Home / Furniture Store / Appliance Store

    Property Details for 500 Commonwealth Blvd

    Year built
    2003
    Lot size
    2.12 lot acres
    Property type
    Retail space
    APN
    102 -A -0 -7
    APU
    102A07

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Emporia
    County
    Emporia City
    State
    Virginia
    Longitude
    -77.5409
    Latitude
    36.7087

    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
    $8,125
    $190,600
    $692,500
    $883,100
    -
    $190,600
    $692,500
    $883,100

    Comparable in this City

    • Value Estimation by Request

      Back Lot Lot

      RETAIL STORES (PERSONAL SERVICES)
      Back Lot Lot, Emporia, VA 23847
      View Details
    • Value Estimation by Request
      30.00 Acres

      108 Atlantic St

      RETAIL STORES (PERSONAL SERVICES) • 30.00 Acres
      108 Atlantic St, Emporia, VA 23847
      View Details
    • Value Estimation by Request
      19.50 Acres

      150 Baker St

      RETAIL STORES (PERSONAL SERVICES) • 19.50 Acres
      150 Baker St, Emporia, VA 23847-1720
      View Details
    • Value Estimation by Request
      54.00 Acres

      143 Baker St

      RETAIL STORES (PERSONAL SERVICES) • 54.00 Acres
      143 Baker St, Emporia, VA 23847-1703
      View Details
    • Value Estimation by Request

      102 Commonwealth Blvd

      RETAIL STORES (PERSONAL SERVICES)
      102 Commonwealth Blvd, Emporia, VA 23847-1225
      View Details
    • Value Estimation by Request
      24.00 Acres

      339 Halifax St

      RETAIL STORES (PERSONAL SERVICES) • 24.00 Acres
      339 Halifax St, Emporia, VA 23847-1709
      View Details

    Similar Nearby for Sale

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      Thriving dry cleaning and laundry business with real estate and equipment.
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      2+ acre commercial lot near hotels, restaurants, and medical.
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      1.00 Acre

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      One-acre lot with survey, perc test, and driveway.
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      Greensville County Land Parcels

      Two 1.75-acre parcels suitable for restaurant, retail, or storage.
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    Similar Nearby for Lease

    • $1.00 SF/Yr
      83,807 SF

      Retail Suites in Emporia Center

      Retail suites available in neighborhood shopping center in Emporia.
      510 N Main St, Emporia, VA 23847
      View Details
    • Contact for pricing

      Retail Pad Site For Rent

      0.707 acre pad site in anchored neighborhood center.
      100 Market Dr, Emporia, VA 23847
      View Details
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    500 Commonwealth Blvd
    Emporia, VA 23847-1226
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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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