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    Property profile & analytics

    6108 Governor Gc Peery Hwy Richlands, VA 24641

    • Turn key restaurants
    • 3,463 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 29, 2020
    Location Intelligence
    Property ID
    US87-2512316
    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

    • Turn key restaurants

    Property Details for 6108 Governor Gc Peery Hwy

    Year built
    1960
    Property size
    3,463 SF
    Property type
    Turn key restaurants
    APN
    104A304 0025-0028
    APU
    104A30400250028

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richlands
    County
    Tazewell
    State
    Virginia
    Longitude
    -81.8312
    Latitude
    37.0938
    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
    0
    $0.00
    $25,000
    $34,200
    $59,200
    -
    $25,000
    $34,200
    $59,200

    Comparable in this City

    • Value Estimation by Request
      2,841 SF

      2611 Frnt St

      RESTAURANT • 2,841 SF
      2611 Frnt St, Richlands, VA 24641-2216
      View Details
    • Value Estimation
      $215,000
      6,776 SF

      169 Suffolk Ave

      RESTAURANT • 6,776 SF
      169 Suffolk Ave, Richlands, VA 24641-2434
      View Details
    • Value Estimation
      $285,000
      4,020 SF

      2659 Frnt St

      RESTAURANT • 4,020 SF
      2659 Frnt St, Richlands, VA 24641-2225
      View Details
    • Value Estimation
      $95,000
      2,275 SF

      5854 Governor Gc Peery Hwy

      RESTAURANT • 2,275 SF
      5854 Governor Gc Peery Hwy, Richlands, VA 24641-2097
      View Details
    • Value Estimation
      $350,000
      9,354 SF

      374 Frnt St

      RESTAURANT • 9,354 SF
      374 Frnt St, Richlands, VA 24641-3067
      View Details
    • Value Estimation
      $700,000
      2,965 SF

      2643 Frnt St

      RESTAURANT • 2,965 SF
      2643 Frnt St, Richlands, VA 24641-2225
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.37 Acres

      Land For Sale, Richlands, VA

      Land for sale in Lake Park area of Richlands.
      Highland Ave, Richlands, VA 24641
      View Details
    • $144,900
      4,884 SF

      Mixed-Use Building in Richlands, VA

      Versatile commercial building with apartment and workspace in convenient location.
      6195 Gov. G C Peery Hwy, Richlands, VA 24641
      View Details
    • $325,000
      9,700 SF

      Industrial Land with Building

      9.9 acres of industrial land with a 9,700 SF building.
      3145 Cedar Valley Dr, Richlands, VA 24641
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      129,433 SF

      Richlands Fitness Space For Lease

      8,600 SF Retail Space - Prime Location
      2940 Clinch St, Richlands, VA 24641
      View Details
    • $12 SF/Yr
      2,500 SF

      Richlands Retail Space - Prime Location

      2,500 sq ft Retail Space in Thriving Center
      2006 2Nd St, Richlands, VA 24641
      View Details
    • $5 SF/Yr
      129,433 SF

      Richlands Retail Space Available

      Prime Retail Space, High Visibility
      2940 Clinch St, Richlands, VA 24641
      View Details
    • $6 SF/Yr
      2,289 SF

      Prime Retail Space on Front

      2,289 SF retail space on Richlands' busiest street.
      1501 Front St, Richlands, VA 24641
      View Details
    • $0.75 SF/Yr
      43,560 SF

      Clinch Street Commercial Land Opportunity

      High-traffic retail land, two lots available.
      2940 Clinch St, Richlands, VA 24641-2140
      View Details
    • $8 SF/Yr
      1,200 SF

      Retail Space in Richlands, VA

      1,200 SF retail space with high foot traffic.
      114-180 Kents Ridge Rd, Richlands, VA 24641
      View Details
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    Richlands, VA 24641
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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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