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    Property profile & analytics

    Grottoes, VA 24441

    • Warehouses
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3011192
    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

    Lot size
    0.12 lot acres
    Zone code
    GENERAL BUSINESS DIST
    Property type
    Warehouses
    APN
    160D4-(1)-B 5 L11
    APU
    160D41B5L11

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grottoes
    County
    Rockingham
    State
    Virginia
    Longitude
    -78.8218
    Latitude
    38.2641
    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
    $694
    $10,000
    $92,100
    $102,100
    -
    $10,000
    $92,100
    $102,100

    Comparable in this City

    • Value Estimation
      $230,000
      12,000 SF

      3877 Side Hwy

      WAREHOUSE, STORAGE • 12,000 SF
      3877 Side Hwy, Grottoes, VA 24441
      View Details
    • Value Estimation
      $235,000
      0.66 Acres

      400 Augusta Ave

      WAREHOUSE, STORAGE • 0.66 Acres
      400 Augusta Ave, Grottoes, VA 24441-2404
      View Details
    • Value Estimation
      $590,000
      37,425 SF

      3883 Side Hwy

      MANUFACTURING (LIGHT) • 37,425 SF
      3883 Side Hwy, Grottoes, VA 24441
      View Details
    • Value Estimation by Request
      262,902 SF

      149 Grand Caverns Dr

      MANUFACTURING (LIGHT) • 262,902 SF
      149 Grand Caverns Dr, Grottoes, VA 24441
      View Details
    • Value Estimation
      $470,000
      26,280 SF

      26 Pne Crk Ln

      MANUFACTURING (LIGHT) • 26,280 SF
      26 Pne Crk Ln, Grottoes, VA 24441-4840
      View Details
    • Value Estimation by Request
      0.08 Acres

      Grottoes, VA 24441

      VACANT COMMERCIAL LAND • 0.08 Acres
      Grottoes, VA 24441
      View Details

    Similar Nearby for Sale

    • $70,000
      1.78 Acres

      Grottoes, VA Building Lot

      Flat, build-ready lot near town with mature timber.
      1.78 Acres Trayfoot Rd, Grottoes, VA 24441
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    • $205,000
      4.15 Acres

      Grottoes, VA Agricultural Land

      4.15 acres of land in Grottoes, Virginia.
      Tbd Black Rock Rd, Grottoes, VA 24441
      View Details
    • New
      $200,000
      5.44 Acres

      Versatile Land with Garages/Shops

      5.44-acre property with home, garages/shops, convenient location.
      3581 East Side Hwy, Grottoes, VA 24441
      View Details
    • $69,900
      3.96 Acres

      3.96 Acre Wooded Lot

      Partially wooded 3.96 acre lot in a peaceful setting.
      Tbd Harriston Rd, Grottoes, VA 24441
      View Details
    • $75,000
      1.70 Acres

      Wooded Acreage in Grottoes, VA

      1.7 acres of wooded land for sale in Grottoes.
      East Side Hwy, Grottoes, VA 24441
      View Details
    • $199,900
      7.00 Acres

      7-Acre Homesite Ready to Build

      Private, peaceful 7-acre homesite ready for your dream home.
      Tbd Shapeshifter Ln, Grottoes, VA 24441
      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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