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    Property profile & analytics

    Rte 33 Spencer, WV 25276

    • Bars
    • 2,116 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Last Sale
    Jun 10, 2021
    $225,000
    Location Intelligence
    Property ID
    US94-0670032
    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

    • Bars

    Property Details for Rte 33

    Year built
    1979
    Construction
    WOOD FRAME
    Lot size
    0.64 lot acres
    Property size
    2,116 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    44-08-0012-0005-0000
    APU
    4408001200050000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $210,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $245,000
      Mixed-Use
      $230,000
      Hospitality
      $235,000
      Educational
      $245,000
      Residential Income
      $215,000
      Energy
      $230,000
      Income-Based Land
      $210,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Roane
    State
    West Virginia
    Longitude
    -81.3716
    Latitude
    38.8005

    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
    2023
    $1,546
    $11,700
    $56,100
    $67,800
    -
    $19,500
    $93,500
    $113,000

    Comparable in this City

    • Value Estimation by Request
      5,120 SF

      Rte 33

      BAR, TAVERN • 5,120 SF
      Rte 33, Spencer, WV 25276
      View Details
    • Value Estimation by Request
      1,440 SF

      Spencer, WV 25276

      RESTAURANT • 1,440 SF
      Spencer, WV 25276
      View Details
    • Value Estimation by Request
      2,496 SF

      1157 Ripley Rd

      RESTAURANT • 2,496 SF
      1157 Ripley Rd, Spencer, WV 25276-7821
      View Details
    • Value Estimation
      $540,000
      3,772 SF

      Rte 33

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,772 SF
      Rte 33, Spencer, WV 25276
      View Details
    • Value Estimation by Request
      1,152 SF

      Rte 33

      RESTAURANT • 1,152 SF
      Rte 33, Spencer, WV 25276
      View Details
    • Value Estimation
      $130,000
      3,990 SF

      215 Main St

      RESTAURANT • 3,990 SF
      215 Main St, Spencer, WV 25276-1409
      View Details

    Similar Nearby for Sale

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      Renovated commercial building in the heart of Spencer, West Virginia.
      267 Ripley Rd, Spencer, WV 25276
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    • New
      $175,000

      Iconic Commercial Building in Spencer

      Prime commercial building with retail, office, and storage space.
      218 Market St, Spencer, WV 25276
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    • $150,000
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      Prime Spencer, WV Commercial Space

      2,520 sq ft, 0.05 acre lot, $150,000
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    • $50,000

      Vacant Land in Spencer, WV

      Vacant land available for sale in Spencer, West Virginia.
      000 Ripley Rd, Spencer, WV 25276
      View Details
    • $399,900
      100.00 Acres

      100 Acre Vacant Land Parcel

      100 acres of vacant land near Spencer, West Virginia.
      000 Fld Holw Rd, Spencer, WV 25276
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    Rte 33
    Spencer, WV 25276
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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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