Smyth County, VA
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1445 LEE HWY
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Location
1445 LEE HWY
Mblu
56/ D 1/ 27/ /
Acct#
121347
Owner
BMG VALUE FUND LLC
PBN
COMMERICAL/INDUSTRAL
Total Market Value
$454,800
PID
121347
Building Count
1
Legal Description
HWY 11 LOTS 26-28 56D 1 27
Assessing District
DEFAULT
District
06: ROYAL OAK
Current Value
Assessment
Valuation Year
Improvements
Land
Total
2026
$406,800
$48,000
$454,800
Owner of Record
Owner
BMG VALUE FUND LLC
Co-Owner
Address
9 S 12TH ST 4TH FLOOR
RICHMOND, VA 23219
Sale Price
$972,207
Instrument Year
2024
Book & Page
1110/9076
Sale Date
09/16/2024
Validity Code
19
Ownership History
Ownership History
Owner
Sale Price
Instrument Year
Book & Page
Validity Code
Sale Date
Instrument Number
BMG VALUE FUND LLC
$972,207
2024
1110/9076
19
09/16/2024
1924
JGM REAL ESTATE LLC
$0
2012
823/101
00
01/12/2012
119
DG MARION WEST LLC
$135,000
2011
815/451
00
07/13/2011
1487
LARGE INVESTMENTS LLC
$225,000
0
678/641
00
05/12/2005
0
Building Information
Building 1 : Section 1
Year Built:
2011
Living Area:
0
Building Percent Good:
95
Building Attributes
Field
Description
Section Style
Retail
Model
Commercial
Grade
Grade C
Stories
1.0
Heat System
HEAT PUMP
Interior Wall 1
DRYWALL
Interior Wall 2
Garage Type
NONE
Extra Fixture(s)
0
Fireplace(s)
0
Extra Kitchen(s)
0
Total Room(s)
1
Carport Type
NONE
Interior Floor 3
Frame Type
METAL
Roof Cover
METAL
Roof Type
GABLE
AC Type
100%
Exterior Wall 2
N/A
Full Bath(s)
0
Foundation
CONCRETE
Exterior Wall 1
METAL
Basement
NONE
Interior Wall 3
Bedroom(s)
0
Num Units
0
Gas Fireplace(s)
0
Flue(s)
0
Metal Flue(s)
0
FBM Quality
Good
Heat Fuel
ELECTRIC
Inop Flue/FPL
0
Interior Floor 1
CERAMIC TILE
Interior Floor 2
Legacy Area
9360
Half Bath(s)
2
Stacked Fireplace(s)
0
Num Cars - Carport
0
Num Cars - Garage
0
Num Cars - Built In
0
Fin Bsmt Area
0
Garage Type 2
NONE
Num Cars - Garage 2
0
Split Foyer
No
Split Level
No
Grade Adjust
0
Stacked Flue(s)
0
Basement Area
0
SEW/WTR/LND
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
C03C
RETAIL - METAL - C
9,360
0
POR
PORCH
144
0
9,504
0
Extra Features
Extra Features
No Data for Extra Features
Land
Land Use
Use Code
400C
Description
COMMERICAL/INDUSTRAL - COM
Zone
Neighborhood
Alt Land Appr
No
Category
Land Line Valuation
Size (Acres)
1.2
Frontage
0
Depth
0
Total Market Land
$48,000
Outbuildings
Outbuildings
Code
Description
Sub Code
Sub Description
Size
Assessed Value
Bldg #
SIGN
SIGN
TY
TYPICAL
1.00 UN
$3,500
1
PAVMT
PAVEMENT
TY
TYPICAL
1.00 UN
$8,000
1
Valuation History
Assessment
Valuation Year
Improvements
Land
Total
2026
$406,800
$48,000
$454,800
2025
$406,800
$48,000
$454,800
2024
$406,800
$48,000
$454,800
2023
$341,300
$48,000
$389,300
2022
$341,300
$48,000
$389,300
2021
$341,300
$48,000
$389,300
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