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    Property profile & analytics

    656 Rices Depot Rd Rice, VA 23966-2606

    • Industrial properties
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3057492
    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

    • Industrial properties

    Property Details for 656 Rices Depot Rd

    Lot size
    0.23 lot acres
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    040 3 1
    APU
    4031

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rice
    County
    Prince Edward
    State
    Virginia
    Longitude
    -78.2935
    Latitude
    37.2703

    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
    $248
    $5,800
    $45,900
    $51,700
    -
    $5,800
    $45,900
    $51,700

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      680 Rices Depot Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 0.20 Acres
      680 Rices Depot Rd, Rice, VA 23966
      View Details
    • Value Estimation
      $210,000
      1.94 Acres

      27758 Prince Edward Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1.94 Acres
      27758 Prince Edward Hwy, Rice, VA 23966-2702
      View Details
    • Value Estimation
      $315,000
      3.03 Acres

      499 Rices Depot Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3.03 Acres
      499 Rices Depot Rd, Rice, VA 23966
      View Details
    • Value Estimation
      $2,135,000
      12.51 Acres

      401 Pisgah Church Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 12.51 Acres
      401 Pisgah Church Rd, Rice, VA 23966-2667
      View Details
    • Value Estimation
      $350,000
      1.38 Acres

      23147 Prince Edward Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1.38 Acres
      23147 Prince Edward Hwy, Rice, VA 23966-2403
      View Details
    • Value Estimation
      $6,360,000
      3.00 Acres

      21528 Prince Edward Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3.00 Acres
      21528 Prince Edward Hwy, Rice, VA 23966-2578
      View Details

    Similar Nearby for Sale

    • $650,000
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      Commercial Land on Prince Edward

      13.8 acres with highway frontage, ideal for commercial ventures.
      Prince Edward Hwy, Rice, VA 23966
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      21.55 acres with river frontage, barn, and shed.
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      56 Acres of Rural Land

      56-acre parcel offering rural charm and city convenience.
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    • $275,000
      2,904 SF

      Prime Rice Commercial Building

      Spacious, modern commercial space in quiet location.
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    • $199,900
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      Land for Residential Development

      30-acre lot suitable for building a home near Farmville.
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    • $189,950
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      Agricultural Land in Rice, VA

      27.35 acres of agricultural land, perfect for country living.
      Prince Edward Hwy, Rice, VA 23966
      View Details
    Request Owner's contact information
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    656 Rices Depot Rd
    Rice, VA 23966-2606
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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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