2ndRichlands, VA 24641

  • Retail properties
  • 37,210 SF
Off market
$1,897,643 Estimated

Property Details for 2nd

Year built
1980
Lot size
2.06 AC
Property size (Sq ft)
37,210 SF
Property type
Retail properties
Property subtype
Strip malls
APN
105A5A 0016
APU
105A5A0016

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,001,090
    6.5%
    $5,539,468
    7%
    $5,143,791
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,902,402
    Geo Method
    $15,878,876
  • Alternative Use

    Use
    Valuation
    Residential
    $4,672,748
    Hospitality
    $4,280,212
    Educational
    $3,561,086
    Medical
    $3,683,557
    Retail
    $5,539,468
2nd, Richlands, Virginia

Location Insight

City
Richlands
County
Tazewell
State
Virginia
Latitude
37.0953
Longitude
-81.8021
CBSA code
14140
CBSA name
BLUEFIELD, WV-VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,208,700
  • Assessed land value
    $359,600
  • Assessed value
    $1,568,300
  • Tax year
    2019
  • Tax bill
    $10,185

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