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    Property profile & analytics

    5348 Mary Ball Rd Lancaster, VA 22503

    • Retail space
    • 720 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3186140
    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

    • Retail space

    Property Details for 5348 Mary Ball Rd

    Year built
    1942
    Property size
    720 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    14A 3 8
    APU
    14A38

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Virginia
    Longitude
    -76.5142
    Latitude
    37.7779

    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
    $238
    $13,500
    $24,200
    $37,700
    -
    $13,500
    $24,200
    $37,700

    Comparable in this City

    • Value Estimation by Request
      1,920 SF

      5277 Mary Ball Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,920 SF
      5277 Mary Ball Rd, Lancaster, VA 22503
      View Details
    • Value Estimation by Request
      3,344 SF

      5299 Mary Ball Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,344 SF
      5299 Mary Ball Rd, Lancaster, VA 22503-2627
      View Details
    • Value Estimation
      $195,000
      4,520 SF

      2108 Riv Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,520 SF
      2108 Riv Rd, Lancaster, VA 22503-3102
      View Details
    • Value Estimation by Request
      2,464 SF

      299 Bald Eagle Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,464 SF
      299 Bald Eagle Dr, Lancaster, VA 22503-2441
      View Details
    • Value Estimation
      $425,000
      9,100 SF

      5236 Mary Ball Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      5236 Mary Ball Rd, Lancaster, VA 22503-2627
      View Details
    • Value Estimation
      $2,865,000
      1,266 SF

      1303 Oak Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,266 SF
      1303 Oak Hl Rd, Lancaster, VA 22503-4012
      View Details

    Similar Nearby for Sale

    • $150,000
      Pending

      Lancaster Commercial Building on Route 3

      Commercial building with high visibility and traffic count on Route 3.
      8657 Mary Ball Rd, Lancaster, VA 22503
      View Details
    • $785,000
      2.40 Acres

      Waterfront Land in Lancaster, VA

      2.4-acre waterfront building site with 782 feet of shoreline.
      3 Oak Point Dr, Lancaster, VA 22503
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    • $129,000
      2.20 Acres

      Waterfront Land in Lancaster, VA

      2.2 acre wooded lot on Myer Creek, Corrotoman River.
      6 Foxfield Ln, Lancaster, VA 22503
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    • $49,000
      4.29 Acres

      Lancaster, VA Land Opportunity

      Two combined parcels totaling over 4 acres for residential development.
      Lot 4&5 Primrose Path, Lancaster, VA 22503
      View Details
    • Contact for pricing
      1.77 Acres

      Wooded Land with Water Access

      1.77 acres of land with community water access.
      Laurel Dr, Lancaster, VA 22503
      View Details
    • $35,000
      3.37 Acres

      Water Access Land in Lancaster

      3.37 acre wooded lot with community waterfront access.
      85 Eagles Trce, Lancaster, VA 22503
      View Details
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    5348 Mary Ball Rd
    Lancaster, VA 22503
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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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