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    Property profile & analytics

    707 Main St Farmville, VA 23901-3038

    • Retail space
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2026763
    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

    • Shogun Steakhouse / Japanese Restaurant / Steak House

    Property Details for 707 Main St

    Year built
    1937
    Zone code
    A2
    Property type
    Retail space
    APN
    110AW1 D 12
    APU
    110AW1D12

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmville
    County
    Cumberland
    State
    Virginia
    Longitude
    -78.388
    Latitude
    37.3096
    CBSA code
    40060
    CBSA name
    RICHMOND, 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
    $1,474
    $45,000
    $200,690
    $245,690
    -
    $45,000
    $200,690
    $245,690

    Comparable in this City

    • Value Estimation by Request
      0.71 Acres

      2487 Cumberland Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.71 Acres
      2487 Cumberland Rd, Farmville, VA 23901-4306
      View Details
    • Value Estimation
      $335,000
      2.12 Acres

      105 Old Plank Rd

      RETAIL STORES (PERSONAL SERVICES) • 2.12 Acres
      105 Old Plank Rd, Farmville, VA 23901-3124
      View Details
    • Value Estimation
      $400,000
      6.48 Acres

      749 Plank Rd

      RETAIL STORES (PERSONAL SERVICES) • 6.48 Acres
      749 Plank Rd, Farmville, VA 23901-4031
      View Details
    • Value Estimation
      $355,000
      0.27 Acres

      703 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.27 Acres
      703 Main St, Farmville, VA 23901-3038
      View Details
    • Value Estimation
      $295,000
      68.08 Acres

      Farmville, VA 23901

      RETAIL STORES (PERSONAL SERVICES) • 68.08 Acres
      Farmville, VA 23901
      View Details
    • Value Estimation by Request
      15,500 SF

      15 At Dominion Dr

      Individual retail properties • 15,500 SF
      15 At Dominion Dr, Farmville, VA 23901
      View Details

    Similar Nearby for Sale

    • $975,000
      5,095 SF

      Main Street Retail Investment Property

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      Farmville Retail Investment Opportunity

      High-yield NNN retail property, prime location.
      95 Dominion Dr, Farmville, VA 23901
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    • $300,000
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      Farmville Retail, Office, Medical Space

      Multi-use property suitable for retail, office, or event space.
      27 Bayberry Ln, Farmville, VA 23901
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      Downtown Farmville Commercial Space

      Prime location, versatile B3 zoning.
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    • $1,500,000
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      Farmville Industrial Land Opportunity

      7.28-acre flex-industrial site, $1.5M
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    Similar Nearby for Lease

    • Contact for pricing
      2,153 SF

      Retail Space Near Longwood University

      Retail space with high student traffic near Longwood University.
      1137 S Main St, Farmville, VA 23901
      View Details
    • Contact for pricing
      2,050 SF

      Retail Space Near Longwood University

      Retail space with high student traffic near Longwood University.
      1415 S Main St, Farmville, VA 23901
      View Details
    • Contact for pricing

      Commercial Land on Route 15

      Commercial land for rent with frontage on Route 15.
      Commerce Rd, Farmville, VA 23901
      View Details
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    707 Main St
    Farmville, VA 23901-3038
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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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