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    Property profile & analytics

    502 Commerce Dr Bluefield, VA 24605-9697

    • Banks
    • 7,982 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US87-1473369
    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

    • Banks

    Property Details for 502 Commerce Dr

    Year built
    1992
    Lot size
    1.14 lot acres
    Property size
    7,982 SF
    Property type
    Banks
    APN
    025 A 000A
    APU
    025A000A

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bluefield
    County
    Tazewell
    State
    Virginia
    Longitude
    -81.2506
    Latitude
    37.2411
    CBSA code
    14140
    CBSA name
    BLUEFIELD, WV-VA MICROPOLITAN 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
    2019
    $8,279
    $695,200
    $732,200
    $1,427,400
    -
    $695,200
    $732,200
    $1,427,400

    Comparable in this City

    • Value Estimation
      $210,000
      7,848 SF

      Bluefield, VA 24605

      FINANCIAL BUILDING • 7,848 SF
      Bluefield, VA 24605
      View Details
    • Value Estimation
      $425,000
      6,825 SF

      514 Commerce Dr

      FINANCIAL BUILDING • 6,825 SF
      514 Commerce Dr, Bluefield, VA 24605-9697
      View Details
    • Value Estimation
      $275,000
      5,800 SF

      101 Sanders Ln

      FINANCIAL BUILDING • 5,800 SF
      101 Sanders Ln, Bluefield, VA 24605-9278
      View Details
    • Value Estimation
      $380,000
      2,760 SF

      College Ave

      FINANCIAL BUILDING • 2,760 SF
      College Ave, Bluefield, VA 24605
      View Details
    • Value Estimation by Request
      3,060 SF

      552 Virginia Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,060 SF
      552 Virginia Ave, Bluefield, VA 24605-1729
      View Details
    • Value Estimation by Request
      4,800 SF

      542 Virginia Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      542 Virginia Ave, Bluefield, VA 24605-1729
      View Details

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      Versatile Commercial Building in Bluefield

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    Similar Nearby for Lease

    • $7 SF/Yr
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      Retail Space in College Plaza

      Large retail suite available in a busy shopping center.
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    • Contact for pricing
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      Retail Space in Ridgeview Plaza

      Retail space available in shadow-anchored shopping center in Bluefield, VA.
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      87,970 SF

      Ridgeview Plaza: Bluefield Retail Center

      Walmart-shadowed retail center, high traffic area.
      4001 College Ave, Bluefield, VA 24605
      View Details
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    502 Commerce Dr
    Bluefield, VA 24605-9697
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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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