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    Property profile & analytics

    Elkton, VA 22827

    • Motels
    • 100 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2560935
    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

    • Motels

    Property Details

    Year built
    1953
    Lot size
    0.36 lot acres
    Property size
    100 SF
    Zone code
    GENERAL BUSINESS DIST
    Property type
    Motels
    APN
    131-(A)- L37B
    APU
    131AL37B

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elkton
    County
    Rockingham
    State
    Virginia
    Longitude
    -78.6004
    Latitude
    38.3998
    CBSA code
    25500
    CBSA name
    HARRISONBURG, 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
    $906
    $30,000
    $103,200
    $133,200
    -
    $30,000
    $103,200
    $133,200

    Comparable in this City

    • Value Estimation
      $280,000
      0.14 Acres

      19961 Spotswood Trl

      MOTEL • 0.14 Acres
      19961 Spotswood Trl, Elkton, VA 22827-4000
      View Details
    • Value Estimation by Request
      4,378 SF

      509 Spotswood Trl

      Commercial real estate • 4,378 SF
      509 Spotswood Trl, Elkton, VA 22827
      View Details
    • Value Estimation by Request
      1.89 Acres

      Elkton, VA 22827

      INDUSTRIAL (GENERAL) • 1.89 Acres
      Elkton, VA 22827
      View Details
    • Value Estimation by Request
      3.21 Acres

      Elkton, VA 22827

      INDUSTRIAL - VACANT LAND • 3.21 Acres
      Elkton, VA 22827
      View Details
    • Value Estimation by Request
      4.31 Acres

      4145 Berrytown Rd

      STORE, RETAIL OUTLET • 4.31 Acres
      4145 Berrytown Rd, Elkton, VA 22827
      View Details
    • Value Estimation by Request
      3.95 Acres

      112 Mt Olivet Church Rd

      COMMERCIAL (GENERAL) • 3.95 Acres
      112 Mt Olivet Church Rd, Elkton, VA 22827-3321
      View Details

    Similar Nearby for Sale

    • $199,900

      Land For Sale

      Land available for sale.
      Jollett Rd, Elkton, VA 22827
      View Details
    • $470,000

      Elkton Specialty Property For Sale

      Specialty property available for purchase in Elkton, Virginia.
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    • $680,000

      Renovated Farmhouse with River Frontage

      Renovated farmhouse on 15 acres with Shenandoah River frontage.
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    • $925,000
      11,916 SF

      Versatile Commercial Property in Elkton

      Fully leased commercial property with diverse tenants in Elkton, VA.
      406 WEST Spotswood Trl, Elkton, VA 22827
      View Details
    • $479,900
      11.01 Acres

      Prime Land Parcel in Elkton

      11-acre parcel near Route 33, ideal for development or retreat.
      N Spotswood Trl, Elkton, VA 22827
      View Details
    • $55,000
      3.00 Acres

      Residential Land Near Shenandoah River

      3-acre residential land near Shenandoah River and National Park.
      Tbd Overlook Mtn, Elkton, VA 22827
      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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