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    Property profile & analytics

    5611 Wards Rd Evington, VA 24550-1993

    • Commercial real estate
    • 2,400 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 12, 2022
    $18,000
    Location Intelligence
    Property ID
    US87-2726605
    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

    • Commercial real estate

    Property Details for 5611 Wards Rd

    Year built
    2021
    Lot size
    0.84 lot acres
    Property size
    2,400 SF
    Property type
    Commercial real estate
    APN
    0430-09000-001-A
    APU
    043009000001A

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evington
    County
    Campbell
    State
    Virginia
    Longitude
    -79.2009
    Latitude
    37.2094
    CBSA code
    31340
    CBSA name
    LYNCHBURG, 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
    $1,453
    $48,200
    $274,700
    $322,900
    -
    $48,200
    $274,700
    $322,900

    Comparable in this City

    • Value Estimation by Request
      4,068 SF

      283 Wyatt Cir

      COMMERCIAL (GENERAL) • 4,068 SF
      283 Wyatt Cir, Evington, VA 24550-3552
      View Details
    • Value Estimation by Request
      2.25 Acres

      11520 Leesville Rd

      COMMERCIAL (GENERAL) • 2.25 Acres
      11520 Leesville Rd, Evington, VA 24550-2327
      View Details
    • Value Estimation
      $495,000
      4,800 SF

      18 Johnnys Ln

      COMMERCIAL (GENERAL) • 4,800 SF
      18 Johnnys Ln, Evington, VA 24550-3698
      View Details
    • Value Estimation
      $405,000
      1,984 SF

      11496 Leesville Rd

      COMMERCIAL (GENERAL) • 1,984 SF
      11496 Leesville Rd, Evington, VA 24550-4257
      View Details
    • Value Estimation
      $360,000
      1,855 SF

      5868 Wards Rd

      COMMERCIAL (GENERAL) • 1,855 SF
      5868 Wards Rd, Evington, VA 24550-2171
      View Details
    • Value Estimation by Request
      0.55 Acres

      Evington, VA 24550

      COMMERCIAL (GENERAL) • 0.55 Acres
      Evington, VA 24550
      View Details

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    5611 Wards Rd
    Evington, VA 24550-1993
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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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