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    Property profile & analytics

    616 Main St Wise, VA 24293-6917

    • Office buildings
    • 3,600 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $125,000
    Last Sale
    Dec 29, 2021
    $170,000
    Location Intelligence
    Property ID
    US87-1714298
    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

    • RPC Rentals LLC / Property Management Company
    • Randy Partin Construction, Inc / Construction Company

    Property Details for 616 Main St

    Year built
    1992
    Construction
    STEEL FRAME
    Lot size
    1.03 lot acres
    Property size
    3,600 SF
    Property type
    Office buildings
    APN
    R013320
    APU
    R013320

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wise
    County
    Wise
    State
    Virginia
    Longitude
    -82.5883
    Latitude
    36.9849
    CBSA code
    13720
    CBSA name
    BIG STONE GAP, 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
    $123,600
    $86,400
    $210,000
    -
    $123,600
    $86,400
    $210,000

    Comparable in this City

    • Value Estimation by Request
      1,866 SF

      103 Main St

      OFFICE BUILDING • 1,866 SF
      103 Main St, Wise, VA 24293
      View Details
    • Value Estimation by Request
      2,860 SF

      9262 Pawpaw St

      OFFICE BUILDING • 2,860 SF
      9262 Pawpaw St, Wise, VA 24293
      View Details
    • Value Estimation by Request
      10,894 SF

      Kent Jct Rd

      OFFICE BUILDING • 10,894 SF
      Kent Jct Rd, Wise, VA 24293
      View Details
    • Value Estimation
      $280,000
      2,752 SF

      404 Hurricane NE Rd

      OFFICE BUILDING • 2,752 SF
      404 Hurricane NE Rd, Wise, VA 24293-5132
      View Details
    • Value Estimation
      $240,000
      3,000 SF

      545 Main St

      OFFICE BUILDING • 3,000 SF
      545 Main St, Wise, VA 24293
      View Details
    • Value Estimation
      $265,000
      2,594 SF

      309 Main St

      OFFICE BUILDING • 2,594 SF
      309 Main St, Wise, VA 24293-6913
      View Details

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    Similar Nearby for Lease

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      156,873 SF

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      Retail space available in a busy Wise, Virginia shopping center.
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    616 Main St
    Wise, VA 24293-6917
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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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