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    Property profile & analytics

    Pratts, VA 22731

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2463735
    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

    • Isalis / Gift Shop / Boutique
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details

    Zone code
    A1
    Property type
    Commercial land
    APN
    48 54
    APU
    4854

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pratts
    County
    Madison
    State
    Virginia
    Longitude
    -78.2701
    Latitude
    38.3477
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
    $1.00
    $100
    $0.00
    $100
    -
    $100
    $0.00
    $100

    Comparable in this City

    • Value Estimation
      $385,000
      3,000 SF

      667 Orange Rd

      COMMERCIAL (GENERAL) • 3,000 SF
      667 Orange Rd, Pratts, VA 22731
      View Details
    • Value Estimation by Request
      1,554 SF

      66 Orange Rd

      COMMERCIAL (GENERAL) • 1,554 SF
      66 Orange Rd, Pratts, VA 22731-3133
      View Details
    • Value Estimation
      $305,000
      5,959 SF

      623 Orange Rd

      COMMERCIAL (GENERAL) • 5,959 SF
      623 Orange Rd, Pratts, VA 22731-9997
      View Details
    • Value Estimation
      $395,000
      9,156 SF

      927 Orange Rd

      COMMERCIAL (GENERAL) • 9,156 SF
      927 Orange Rd, Pratts, VA 22731-3104
      View Details
    • Value Estimation
      $410,000
      4,274 SF

      1240 Orange Rd

      COMMERCIAL (GENERAL) • 4,274 SF
      1240 Orange Rd, Pratts, VA 22731-3108
      View Details

    Similar Nearby for Sale

    • $299,000
      11.05 Acres

      Residential Land in Pratts, Virginia

      11+ acre residential land parcel zoned R1 near town.
      Orange Rd, Pratts, VA 22731
      View Details
    • $299,000
      11.04 Acres

      Residential Land in PRATTS, VA

      11+ acre residential land parcel suitable for development.
      Orange Rd, Pratts, VA 22731
      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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