Agricultural

Penhook, VA Agricultural Land / Farmland for Sale

Notify Me
List
Map
Sandy Level, VA Union Hall, VA Moneta, VA Huddleston, VA Chatham, VA Wirtz, VA Glade Hill, VA Pittsville, VA
Agricultural Farm with Pasture
Updated: Feb 15
Agricultural Farm with Pasture

2359 Sago Road, Penhook, VA 24137

$635,000
4,280,205 sqft
98.238 acres with 34 acres of fenced pasture and a level 12‑acre hay field
53 acres of forestland with groomed trails and mixed hardwoods and pines
3,010 ft. of state road frontage with easy access across the property
1,800 ft. of frontage on Snow Creek, plus 2 spring‑fed ponds and 2 streams
Cottage home ready for renovation, with a block well house and log tobacco barn
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Penhook, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Land with Pond
Agricultural Land with Pond

Mt Vernon Rd, Axton, VA 24054

$450,000
95.99 AC lot

Open fields, wooded sections, a stream, and a spring-fed pond shape the rural property.

View details
Agricultural Development Tract
Agricultural Development Tract

548 Powells Store Rd, Glade Hill, VA 24092

Contact for pricing
45.00 AC lot

A scenic agricultural tract with rolling hills and promising development potential near Smith Mountain Lake and regional amenities.

View details
45 Acre Agricultural Tract
45 Acre Agricultural Tract

548 Powells Store Rd, Glade Hill, VA 24092

Contact for pricing
45.00 AC lot

45 acre agricultural tract with development potential near Smith Mountain Lake.

View details
A-1 Zoned Farmland
A-1 Zoned Farmland

22 Wilhaven Ln, Axton, VA 24054

$36,500

A-1-zoned acreage with electricity available.

View details

Penhook, VA Agricultural Land / Farmland Market Trends and Statistics

Explore 1 agricultural land / farmland for sale in Penhook, VA on our real estate platform. These investment opportunities span a total of 4,280,205 square feet of properties for sale, with an estimated market value of $635,000.

Sale prices for farmlands in Penhook, VA average $635,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Demographics Overview

Population 2,695
Population Growth (5Y) +0.8%
Median Household Income $66,250
College Educated 30.3%

Taxes & Financing

Tax Rate (average for all types) 0.56%
Property Tax per SF $40.41 per SF
Tax Rate vs County Average 0.06 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings