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    Property profile & analytics

    Castlewood, VA 24224

    • Medical offices
    • 15,384 SF
    • 12.55 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US87-3088651
    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

    • Medical offices

    Property Details

    Lot size
    12.55 lot acres
    Property size
    15,384 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    156R 509
    APU
    156R509

    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
    -82.2846
    Latitude
    36.8662

    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
    $2,506
    $75,300
    $322,400
    $397,700
    -
    $75,300
    $322,400
    $397,700

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      78 Industrial Dr

      MEDICAL BUILDING • 3,200 SF
      78 Industrial Dr, Castlewood, VA 24224
      View Details
    • Value Estimation
      $215,000
      1,360 SF

      251 Industrial Dr

      MEDICAL BUILDING • 1,360 SF
      251 Industrial Dr, Castlewood, VA 24224
      View Details
    • Value Estimation by Request
      2,100 SF

      315 Sulphur Spgs Cir

      MEDICAL BUILDING • 2,100 SF
      315 Sulphur Spgs Cir, Castlewood, VA 24224-6244
      View Details
    • Value Estimation by Request
      4,320 SF

      18365 Castlewood Dr

      MEDICAL BUILDING • 4,320 SF
      18365 Castlewood Dr, Castlewood, VA 24224
      View Details
    • Value Estimation
      $105,000
      6,000 SF

      4604 Uppr Copper Crk Rd

      MEDICAL BUILDING • 6,000 SF
      4604 Uppr Copper Crk Rd, Castlewood, VA 24224-6265
      View Details
    • Value Estimation
      $395,000
      5,600 SF

      102 Industrial Dr

      MEDICAL BUILDING • 5,600 SF
      102 Industrial Dr, 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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