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    Property profile & analytics

    Monterey, VA 24465

    • Banks
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2672015
    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

    • Banks

    Property Details

    Year built
    1961
    Property type
    Banks
    APN
    31A1 2 25B
    APU
    31A1225B

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Highland
    State
    Virginia
    Longitude
    -79.5831
    Latitude
    38.413

    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
    $742
    $20,000
    $148,600
    $168,600
    -
    $20,000
    $148,600
    $168,600

    Comparable in this City

    • Value Estimation by Request

      195 Main St

      FINANCIAL BUILDING
      195 Main St, Monterey, VA 24465-2754
      View Details
    • Value Estimation
      $195,000
      3.47 Acres

      132 Main St

      FINANCIAL BUILDING • 3.47 Acres
      132 Main St, Monterey, VA 24465
      View Details
    • Value Estimation by Request

      30 Spruce St

      STORE, RETAIL OUTLET
      30 Spruce St, Monterey, VA 24465
      View Details
    • Value Estimation by Request

      160 Main St

      STORE, RETAIL OUTLET
      160 Main St, Monterey, VA 24465
      View Details
    • Value Estimation by Request
      0.44 Acres

      234 Main St

      SHOW ROOM, WAREHOUSE • 0.44 Acres
      234 Main St, Monterey, VA 24465
      View Details
    • Value Estimation
      $235,000

      127 Main St

      STORE, RETAIL OUTLET
      127 Main St, Monterey, VA 24465
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      5.00 Acres

      Undeveloped Lot in Highland County

      5-acre residential lot with mountain views in Monterey, Virginia.
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      5.53 Acres

      Highland County Building Lots

      5.53 acres of unimproved land in Highland County, Virginia.
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      5.01 Acres

      Monterey, VA Vacant Land

      5.01 acres of land perfect for a seasonal home.
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      Secluded 10+ acre lot perfect for recreation and hunting.
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      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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