2940 ClinchRichlands, VA 24641

  • Retail properties
  • 163,985 SF
For Lease
$2.75/SF/YR View listing

Property Details for 2940 Clinch

Year built
1960
Lot size
13.60 AC
Property size (Sq ft)
163,985 SF
Property type
Retail properties
Property subtype
Strip malls
APN
105A3A 0023
APU
105A3A0023

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $26,446,888
    6.5%
    $24,412,512
    7%
    $22,668,760
  • Comparable approach

    Method
    Valuation
    Relative Method
    $52,454,056
    Geo Method
    $69,978,432
  • Alternative Use

    Use
    Valuation
    Residential
    $20,592,866
    Hospitality
    $18,862,956
    Educational
    $15,693,757
    Medical
    $16,233,490
    Retail
    $24,412,512
2940 Clinch, Richlands, Virginia

Location Insight

City
Richlands
County
Tazewell
State
Virginia
Latitude
37.0928
Longitude
-81.8218
CBSA code
14140
CBSA name
BLUEFIELD, WV-VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,019,900
  • Assessed land value
    $637,100
  • Assessed value
    $1,657,000
  • Tax year
    2019
  • Tax bill
    $9,611

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