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    Property profile & analytics

    698 Main St Amherst, VA 24521-2624

    • Office buildings
    • 2,680 SF
    • 2.85 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US87-3148689
    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

    • Office buildings

    Property Details for 698 Main St

    Year built
    1951
    Construction
    BRICK
    Lot size
    2.85 lot acres
    Property size
    2,680 SF
    Zone code
    T1
    Property type
    Office buildings
    APN
    95 A 89
    APU
    95A89

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Amherst
    State
    Virginia
    Longitude
    -79.0615
    Latitude
    37.5704
    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
    $1,011
    $63,500
    $102,200
    $165,700
    -
    $63,500
    $102,200
    $165,700

    Comparable in this City

    • Value Estimation
      $215,000
      2,200 SF

      165 Main St

      OFFICE BUILDING • 2,200 SF
      165 Main St, Amherst, VA 24521
      View Details
    • Value Estimation by Request
      33,924 SF

      153 Washington St

      OFFICE BUILDING • 33,924 SF
      153 Washington St, Amherst, VA 24521
      View Details
    • Value Estimation
      $395,000
      1,472 SF

      103 Indian Msn Rd

      OFFICE BUILDING • 1,472 SF
      103 Indian Msn Rd, Amherst, VA 24521
      View Details
    • Value Estimation
      $255,000
      2,702 SF

      123 Main St

      OFFICE BUILDING • 2,702 SF
      123 Main St, Amherst, VA 24521-3003
      View Details
    • Value Estimation
      $390,000
      4,576 SF

      413 Main St

      OFFICE BUILDING • 4,576 SF
      413 Main St, Amherst, VA 24521-2614
      View Details
    • Value Estimation
      $370,000
      1,400 SF

      590 Un Hl Rd

      OFFICE BUILDING • 1,400 SF
      590 Un Hl Rd, Amherst, VA 24521-4685
      View Details

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    698 Main St
    Amherst, VA 24521-2624
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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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