31 MainMartinsville, VA 24112

  • Retail properties
  • 13,176 SF
Off market
$225,100 Estimated

Property Details for 31 Main

Year built
1954
Lot size
0.16 AC
Property size (Sq ft)
13,176 SF
Zone code
C-UB
Property type
Retail properties
Property subtype
Retail space
APN
32 (01 )E /11 12 13 37
APU
3201E11121337

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,124,976
    6.5%
    $1,961,516
    7%
    $1,821,408
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,214,621
    Geo Method
    $7,621,536
  • Alternative Use

    Use
    Valuation
    Residential
    $1,654,612
    Hospitality
    $1,515,616
    Educational
    $1,260,975
    Medical
    $1,304,342
    Retail
    $1,961,516
31 Main, Martinsville, Virginia

Location Insight

City
Martinsville
County
Martinsville City
State
Virginia
Latitude
36.6918
Longitude
-79.8742
CBSA code
32300
CBSA name
MARTINSVILLE, VA MICROPOLITAN 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
2023
$2,228
$22,200
$202,900
$225,100
-
$22,200
$202,900
$225,100

FAQs

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