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    Property profile & analytics

    8454 Lee Hwy Raphine, VA 24472

    • Warehouses
    • 2,880 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3223768
    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

    • Warehouses

    Property Details for 8454 Lee Hwy

    Year built
    1900
    Property size
    2,880 SF
    Zone code
    A2
    Property type
    Warehouses
    APN
    29 A 1
    APU
    29A1

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raphine
    County
    Rockbridge
    State
    Virginia
    Longitude
    -79.2027
    Latitude
    37.925

    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
    $10,000
    $51,800
    $61,800
    -
    $10,000
    $51,800
    $61,800

    Comparable in this City

    • Value Estimation
      $385,000
      4,840 SF

      Raphine, VA 24472

      WAREHOUSE, STORAGE • 4,840 SF
      Raphine, VA 24472
      View Details
    • Value Estimation by Request
      7,550 SF

      504 Oakland Cir

      WAREHOUSE, STORAGE • 7,550 SF
      504 Oakland Cir, Raphine, VA 24472-2416
      View Details
    • Value Estimation
      $295,000
      6,608 SF

      6562 Lee Jackson Hwy

      WAREHOUSE, STORAGE • 6,608 SF
      6562 Lee Jackson Hwy, Raphine, VA 24472
      View Details
    • Value Estimation
      $325,000
      5,888 SF

      2130 Raphine Rd

      WAREHOUSE, STORAGE • 5,888 SF
      2130 Raphine Rd, Raphine, VA 24472
      View Details
    • Value Estimation
      $360,000
      1,800 SF

      554 Oakland Cir

      WAREHOUSE, STORAGE • 1,800 SF
      554 Oakland Cir, Raphine, VA 24472
      View Details
    • Value Estimation
      $370,000
      5,500 SF

      2130 Raphine Rd

      WAREHOUSE, STORAGE • 5,500 SF
      2130 Raphine Rd, Raphine, VA 24472
      View Details

    Similar Nearby for Sale

    • $85,000
      4.08 Acres

      Residential Lot Bordering National Forest

      4.089 acre wooded lot near National Forest, suitable for home.
      Tbd Pkin Ln, Raphine, VA 24472
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    • $750,000
      14.48 Acres

      Raphine, VA Agricultural Land Investment

      14.475 acres, I-81 visibility, business zoning.
      0 Old B&O Rd, Raphine, VA 24472
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    • $189,000
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      Raphine, VA Building Lots

      Nearly 12 acres of land in Riverheads District.
      Tbd Cold Spg Rd, Raphine, VA 24472
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    • $549,000
      47.00 Acres

      47 Acres in Raphine, VA

      Agricultural land with potential for building or subdivision near Lexington.
      47 N Lee Hwy, Raphine, VA 24472
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    • $129,000
      0.50 Acres

      Residential Building Lot in Raphine

      Residential building lot available in Raphine, Virginia.
      15 Waterfront Dr, Raphine, VA 24472
      View Details
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    8454 Lee Hwy
    Raphine, VA 24472
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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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