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    Mountain Sky Properties

    189 Jackson Street, Bland, VA 24315
    (276) 228-8882
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    Size: 10+ agents

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    • Land
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    For Sale (67)

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    Land in Dogwood Ridge
    $59,900
    3.86 Acres

    Land in Dogwood Ridge

    3.855-acre parcel with mountain views and natural spring.

    3.8 Acre Dogwood Rdg, Fancy Gap, VA 24328
    View details
    Wytheville Commercial Land For Sale
    $2,600,000
    35.00 Acres

    Wytheville Commercial Land For Sale

    35 acres of commercial land near the interstate.

    Stafford Umberger Dr, Wytheville, VA 24382
    View details
    Mountain Homesite with Piedmont Views
    $30,000
    1.00 Acre

    Mountain Homesite with Piedmont Views

    One-acre homesite with paved access and community amenities.

    Starry Nights Dr, Fancy Gap, VA 24328
    View details
    619 Acres of Recreational Land
    $875,000
    619.60 Acres

    619 Acres of Recreational Land

    Versatile land for recreation, hunting, and investment.

    Wolf Creek Rd, Narrows, VA 24124
    View details
    Land in Blue Ridge Mountains
    Contact for pricing
    0.54 Acres

    Land in Blue Ridge Mountains

    Building lots with mountain views and community amenities.

    255 Covered Brg Trl, Fancy Gap, VA 24328
    View details
    92 Acres with Creek Frontage
    $165,000
    92.00 Acres

    92 Acres with Creek Frontage

    92 acres in Bland County with creek frontage and trails.

    92 Acres Laurel Frk Rd, Rocky Gap, VA 24366
    View details
    Mountain Homesite with Piedmont Views
    $30,000
    1.10 Acres

    Mountain Homesite with Piedmont Views

    1.104-acre mountain homesite with accessibility, privacy, and views.

    Starry Nights Dr, Fancy Gap, VA 24328
    View details
    Residential Land Near Golf Course
    $45,000
    0.42 Acres

    Residential Land Near Golf Course

    Building lot near Wytheville Country Club Golf course.

    Old Stage Rd, Wytheville, VA 24382
    View details
    Claytor Lake Waterfront Land
    $399,000
    11.81 Acres

    Claytor Lake Waterfront Land

    Estate-quality land with lake frontage and million-dollar views.

    Blackberry Ln, Hiwassee, VA 24347
    View details
    Mountain Land with Pond Frontage
    Contact for pricing
    1.64 Acres

    Mountain Land with Pond Frontage

    1.635-acre lot in a peaceful mountain community with pond frontage.

    Starry Nights Dr, Fancy Gap, VA 24328
    View details
    5-Acre Waterfront Land in Galax
    $110,000
    5.00 Acres

    5-Acre Waterfront Land in Galax

    Premier waterfront tract on the historic New River.

    Old Boyer Fry Rd, Galax, VA 24333
    View details
    Scenic Mountain View Land
    $75,000
    2.21 Acres

    Scenic Mountain View Land

    Private lot with unobstructed, long-range views near Blue Ridge Parkway.

    Spg Pond Trl, Fancy Gap, VA 24328
    View details
    Landscaped Lot Ready to Build
    $80,000
    0.41 Acres

    Landscaped Lot Ready to Build

    Build-ready 0.41-acre lot with utilities and landscaping in Pulaski.

    Randolph Ave, Pulaski, VA 24301
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    Residential Land in King Hills
    $59,900
    0.34 Acres

    Residential Land in King Hills

    Residential lot with mountain views, convenient to amenities.

    Caroline Cir, Wytheville, VA 24382
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    Residential Land in King Hills
    $69,900
    0.41 Acres

    Residential Land in King Hills

    Large lot with mountain views, convenient to town.

    Caroline Cir, Wytheville, VA 24382
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    Wytheville Land with Mountain Views
    $62,500
    0.50 Acres

    Wytheville Land with Mountain Views

    Residential lot with mountain views, convenient location, and utilities.

    Allison Ln, Wytheville, VA 24382
    View details
    Residential Lot in King Hills
    $62,500
    0.58 Acres

    Residential Lot in King Hills

    0.58 acre lot with mountain views, utilities available.

    Allison Ln, Wytheville, VA 24382
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    Residential Lot with Mountain Views
    $59,900
    0.34 Acres

    Residential Lot with Mountain Views

    Level lot in King Hills Subdivision with mountain views.

    Caroline Cir, Wytheville, VA 24382
    View details
    Wytheville VA Land Opportunity
    $69,900
    0.65 Acres

    Wytheville VA Land Opportunity

    Large lot with mountain views, convenient to amenities.

    Caroline Cir, Wytheville, VA 24382
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    Residential Land with Mountain Views
    $69,900
    0.46 Acres

    Residential Land with Mountain Views

    Level lot in King Hills Subdivision with mountain views.

    Caroline Cir, Wytheville, VA 24382
    View details
    Residential Land with Mountain Views
    $62,500
    0.58 Acres

    Residential Land with Mountain Views

    0.58 acre lot with mountain views near Wytheville.

    Allison Ln, Wytheville, VA 24382
    View details
    Land in Mountain Community
    Contact for pricing
    1.53 Acres

    Land in Mountain Community

    Private lot with easy access and community amenities.

    Starry Nights Dr, Fancy Gap, VA 24328
    View details
    Residential Lot with Mountain Views
    $59,900
    0.34 Acres

    Residential Lot with Mountain Views

    Residential lot in King Hills Subdivision with mountain views.

    Caroline Cir, Wytheville, VA 24382
    View details
    Wytheville Land with Mountain Views
    $69,900
    0.62 Acres

    Wytheville Land with Mountain Views

    Large lot in King Hills Subdivision with mountain views.

    Caroline Cir, Wytheville, VA 24382
    View details
    Land Near Blue Ridge Parkway
    $30,000
    1.62 Acres

    Land Near Blue Ridge Parkway

    Five lots near stocked pond, waterfall, and covered bridge.

    5 226, Fancy Gap, VA 24328
    View details
    Mountain Land with Development Potential
    $50,000
    5.37 Acres

    Mountain Land with Development Potential

    18 wooded lots totaling 5.3693 acres near Blue Ridge Parkway.

    18 Lots Covered Brg Trl, Fancy Gap, VA 24328
    View details
    Land with Piedmont Views
    $75,000
    1.29 Acres

    Land with Piedmont Views

    Private lot with long-range views near Blue Ridge Parkway.

    Spg Pond Trl, Fancy Gap, VA 24328
    View details
    Ararat, VA 2.5-Acre Lot
    Contact for pricing
    2.52 Acres

    Ararat, VA 2.5-Acre Lot

    2.5-acre lot in Ararat, VA, with stunning views.

    W Pheasant Chase, Ararat, VA 24053
    View details
    80 Acres Unrivaled Mountain Property
    $1,000,000
    83.83 Acres

    80 Acres Unrivaled Mountain Property

    80 acres of unrestricted land with panoramic views in Virginia.

    83 Acres Volunteer Rd, Fancy Gap, VA 24328
    View details
    Mountain Lots with Septic System
    $45,000
    1.57 Acres

    Mountain Lots with Septic System

    Three lots with septic, views, and community amenities near Parkway.

    3 32, Fancy Gap, VA 24328
    View details
    Hiwassee Land in New River
    Contact for pricing
    1.78 Acres

    Hiwassee Land in New River

    Almost level lots with river access and mountain views.

    4 5, Hiwassee, VA 24347
    View details
    Blue Ridge Homesite with Views
    $47,250
    1.49 Acres

    Blue Ridge Homesite with Views

    1.49-acre homesite with southern exposure and mountain views.

    Reflections Point Trl, Fancy Gap, VA 24328
    View details
    63.4 Acres in Ivanhoe, VA
    $450,000
    63.40 Acres

    63.4 Acres in Ivanhoe, VA

    Cleared land ideal for livestock, development, or estate home.

    Ivanhoe Rd, Ivanhoe, VA 24350
    View details
    Mountain View Homesite Opportunity
    $75,000
    2.80 Acres

    Mountain View Homesite Opportunity

    2.79-acre homesite with unobstructed Piedmont views near Blue Ridge Parkway.

    Spg Pond Trl, Fancy Gap, VA 24328
    View details
    Mountain Homesite with Breathtaking Views
    $30,000
    1.47 Acres

    Mountain Homesite with Breathtaking Views

    1.468-acre mountain homesite with accessibility, privacy, and views.

    Starry Nights Dr, Fancy Gap, VA 24328
    View details
    Cleared Lot in Rural Retreat
    $35,000
    0.80 Acres

    Cleared Lot in Rural Retreat

    0.8 acre cleared lot ready to build your dream home.

    19 26B, Rural Retreat, VA 24368
    View details
    8.8 Acres Hobby Farm Homesite
    $85,000
    8.80 Acres

    8.8 Acres Hobby Farm Homesite

    8.8-acre property perfect for a hobby farm or future homesite.

    Fort Chiswell Rd, Max Meadows, VA 24360
    View details
    Expansive Land Parcel in Wytheville
    $2,950,000
    87.66 Acres

    Expansive Land Parcel in Wytheville

    87+ acre parcel ideal for commercial or residential development.

    Community Blvd, Wytheville, VA 24382
    View details
    Versatile 90-Acre Virginia Farm
    $650,000
    89.23 Acres

    Versatile 90-Acre Virginia Farm

    Functional farm with pastures, water, and stunning views.

    688 Gibson Knob Rd, Laurel Fork, VA 24352
    View details
    St. Cloud Estates Homesite
    $75,000
    1.65 Acres

    St. Cloud Estates Homesite

    1.648-acre homesite with views in St. Cloud Estates.

    Crown Ln, Hillsville, VA 24343
    View details
    Versatile Land with Chestnut Creek Frontage
    $99,000
    2.30 Acres

    Versatile Land with Chestnut Creek Frontage

    2.3 acre property with creek frontage and endless opportunity.

    226 6A, Galax, VA 24333
    View details
    Land in Mountain Community
    Contact for pricing
    1.49 Acres

    Land in Mountain Community

    1.489-acre lot with privacy, views, and community amenities.

    Starry Nights Dr, Fancy Gap, VA 24328
    View details
    24.8 Acres Wooded Land, Bastian
    $80,000
    24.80 Acres

    24.8 Acres Wooded Land, Bastian

    24.8 acres of wooded land with cleared building site.

    Clear Fork Creek Rd, Bastian, VA 24314
    View details
    Prime Land in Cana, VA
    $68,200
    3.10 Acres

    Prime Land in Cana, VA

    3.1 acres ready for your dream home near Mayberry.

    Meadowbrook Rd, Cana, VA 24317
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    102 Acres of Privacy
    $399,000
    102.61 Acres

    102 Acres of Privacy

    102 acres with unrestricted area perfect for building.

    4933 16, Dublin, VA 24084
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    Land with Piedmont Views
    $75,000
    3.57 Acres

    Land with Piedmont Views

    3+ acre homesite with privacy and accessibility.

    3 5, Fancy Gap, VA 24328
    View details
    Unrestricted Land with Creek Frontage
    $149,500
    15.23 Acres

    Unrestricted Land with Creek Frontage

    15 acres of unrestricted land with creek frontage.

    Troutdale Hwy, Troutdale, VA 24378
    View details
    40 Acres of Wooded Land
    $160,000
    40.00 Acres

    40 Acres of Wooded Land

    Wooded 40-acre tract ideal for hunting and recreation.

    10A 10B2, Bland, VA 24315
    View details
    Marion, VA Wooded Acreage
    $99,000
    39.17 Acres

    Marion, VA Wooded Acreage

    39+ acres near Marion, VA, ideal for recreation.

    2001 Little Walker Way, Marion, VA 24354
    View details
    Homesite with Panoramic Mountain Views
    $51,500
    1.48 Acres

    Homesite with Panoramic Mountain Views

    Exceptional homesite with southern exposure and long-range views.

    Reflections Point Trl, Fancy Gap, VA 24328
    View details
    Waterfall Lots - Mountain Retreat
    Contact for pricing
    0.89 Acres

    Waterfall Lots - Mountain Retreat

    Three adjoining build-ready lots with waterfall and pond views.

    3 218, Fancy Gap, VA 24328
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    12 Acres in Blue Ridge
    $89,000
    12.10 Acres

    12 Acres in Blue Ridge

    Corner property in the Blue Ridge Mountains with road frontage.

    3014 Pine Mountain Rd, Independence, VA 24348
    View details
    Residential Land in Ferncrest Subdivision
    $70,000
    5.68 Acres

    Residential Land in Ferncrest Subdivision

    5.68-acre lot ready for your dream home.

    Ridge Line Trl, Independence, VA 24348
    View details
    2.2166 Acre Homesite with Views
    $47,250
    2.22 Acres

    2.2166 Acre Homesite with Views

    Stunning homesite with panoramic views and community amenities.

    Reflections Point Trl, Fancy Gap, VA 24328
    View details
    Land with Mountain and Creek Views
    $46,000
    5.00 Acres

    Land with Mountain and Creek Views

    5-acre residential land with mountain and creek views in Hillsville.

    Lumber Ln, Hillsville, VA 24343
    View details
    Exceptional Land with Piedmont Views
    $99,000
    5.19 Acres

    Exceptional Land with Piedmont Views

    5+ acre tract with long-range views near Blue Ridge Parkway.

    5 96 & 98, Fancy Gap, VA 24328
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    1.5 Acres of Adjoining Lots
    Contact for pricing
    1.50 Acres

    1.5 Acres of Adjoining Lots

    Six adjoining lots totaling 1.5 acres in Fancy Gap.

    6 Lots Old Pond Trl, Fancy Gap, VA 24328
    View details
    Secluded Wooded Land Near Parkway
    $250,000
    47.99 Acres

    Secluded Wooded Land Near Parkway

    Nearly 50-acre wooded property with creek frontage near Blue Ridge.

    48 Acres R-Way Dr, Hillsville, VA 24343
    View details
    Commercial Lot by St Clair Creek
    Contact for pricing
    0.36 Acres

    Commercial Lot by St Clair Creek

    Commercial lot with potential for redevelopment by St Clair Creek.

    St Clair Crk Rd, Chilhowie, VA 24319
    View details
    Independence, VA Triplex Investment
    $219,000
    3,181 SF

    Independence, VA Triplex Investment

    Triplex near Independence, VA with strong rental income.

    1165 N Independence Ave, Independence, VA 24348
    View details
    Hillsville Multi-Family Investment Opportunity
    $875,000
    16,766 SF

    Hillsville Multi-Family Investment Opportunity

    Two commercial buildings in Hillsville, VA, offering immediate income.

    N Main St, Hillsville, VA 24343
    View details
    Panoramic View Homesite Opportunity
    $68,000
    3.44 Acres

    Panoramic View Homesite Opportunity

    Homesite with breathtaking views, community amenities, and convenient location.

    Reflections Point Trl, Fancy Gap, VA 24328
    View details
    Blue Ridge Mountain Recreational Land
    $350,000
    50.28 Acres

    Blue Ridge Mountain Recreational Land

    50-acre recreational land with subdivision potential and mountain views.

    50 Acres Spg Vly Rd, Fancy Gap, VA 24328
    View details
    Subdivided Lots with Mountain Views
    $250,000
    67.89 Acres

    Subdivided Lots with Mountain Views

    21 approved lots with breathtaking views and community amenities.

    21 Lots Spg Pond Trl, Fancy Gap, VA 24328
    View details
    Scenic Mountain Land in Fancy Gap
    $35,000
    1.07 Acres

    Scenic Mountain Land in Fancy Gap

    1.067-acre lot with mountain views and community amenities.

    Moonlight Ln, Fancy Gap, VA 24328
    View details
    Prime Commercial Land I-81 Corridor
    $399,000
    8.63 Acres

    Prime Commercial Land I-81 Corridor

    8.63 acres of commercial land in Wytheville, Virginia.

    8.63 Ac Cv Rd, Wytheville, VA 24382
    View details
    Land in Tazewell, Virginia
    $30,000
    9.83 Acres

    Land in Tazewell, Virginia

    9.83 acre lot perfect for building a dream home.

    80B Woodland Way, Tazewell, VA 24651
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mountain Sky Properties
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