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Property profile & analytics

6050 Lee Hwy Fairfield, VA 24435-2514

  • Apartment buildings
  • 4,740 SF
  • 1.53 lot acres
OFF-MARKET
Value Estimation
$200,000
Location Intelligence
Property ID
US87-2541562
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

  • Apartment buildings

Property Details for 6050 Lee Hwy

Year built
1950
Lot size
1.53 lot acres
Property size
4,740 SF
Zone code
AT
Property type
Apartment buildings
APN
39 A 54A
APU
39A54A

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $180,000
  • CAP approach

    CAP return
    Estimation
    6%
    $220,000
    6.5%
    $215,000
    7%
    $220,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $205,000
    Geo Method
    $205,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $205,000
    Retail
    $185,000
    Mixed-Use
    $205,000
    Hospitality
    $195,000
    Educational
    $175,000
    Residential Income
    $195,000
    Energy
    $200,000
    Income-Based Land
    $210,000
    Food Service
    $215,000

Location Insight

  • Map
  • Local Demand
City
Fairfield
County
Rockbridge
State
Virginia
Longitude
-79.2732
Latitude
37.8861

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
$50,000
$213,400
$263,400
-
$50,000
$213,400
$263,400
More about this property
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