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    Property profile & analytics

    Castlewood, VA 24224

    • Office buildings
    • 7,456 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Location Intelligence
    Property ID
    US87-3019562
    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

    Lot size
    1.22 lot acres
    Property size
    7,456 SF
    Property type
    Office buildings
    APN
    156R IA2E3388
    APU
    156RIA2E3388

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Castlewood
    County
    Russell
    State
    Virginia
    Longitude
    -82.2997
    Latitude
    36.8717

    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
    $2,960
    $159,800
    $310,000
    $469,800
    -
    $159,800
    $310,000
    $469,800

    Comparable in this City

    • Value Estimation by Request
      9,416 SF

      15 Howard Dr

      OFFICE BUILDING • 9,416 SF
      15 Howard Dr, Castlewood, VA 24224
      View Details
    • Value Estimation by Request
      2,185 SF

      45 Banners Cor Rd

      OFFICE BUILDING • 2,185 SF
      45 Banners Cor Rd, Castlewood, VA 24224
      View Details
    • Value Estimation by Request
      4,800 SF

      Dante Rd

      OFFICE BUILDING • 4,800 SF
      Dante Rd, Castlewood, VA 24224
      View Details
    • Value Estimation by Request
      4,192 SF

      Us Hwy 58

      OFFICE BUILDING • 4,192 SF
      Us Hwy 58, Castlewood, VA 24224
      View Details
    • Value Estimation
      $455,000
      1,600 SF

      71 Memorial Dr

      OFFICE BUILDING • 1,600 SF
      71 Memorial Dr, Castlewood, VA 24224
      View Details
    • Value Estimation
      $450,000
      6,888 SF

      114 Miners Dr

      OFFICE BUILDING • 6,888 SF
      114 Miners Dr, Castlewood, VA 24224
      View Details

    Similar Nearby for Sale

    • $550,000

      Established Restaurant with Income Potential

      Long-standing restaurant with additional office and residential income.
      18928 Us Highway 58, Castlewood, VA 24224
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    • $110,000
      25.00 Acres

      25 Acres in Castlewood, VA

      25-acre parcel with building sites and wooded landscape in Castlewood.
      Rushing Rd, Castlewood, VA 24224
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    • $425,000
      319.50 Acres

      320 Acres Wooded Land

      Pristine wooded acreage perfect for your dream project.
      7 Spg Hlw Rd, Castlewood, VA 24224
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    • Contact for pricing

      Residential Land with Mountain Views

      Charming lot in Castlewood, VA, ready for your dream home.
      Burke St, Castlewood, VA 24224
      View Details
    • $289,000
      159.68 Acres

      Secluded 160-Acre Hunting Retreat

      Nearly 160-acre retreat perfect for hunters and country living.
      Buffalo Hollow Rd, Castlewood, VA 24224
      View Details
    • $250,000
      118.51 Acres

      118+ Acres in Castlewood, VA

      118.51 acres of land with young timber and paved road frontage.
      Buffalo Hollow Rd, Castlewood, VA 24224
      View Details
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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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