Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    101 Glade Creek Road Woodlawn, VA 24381

    View on Map
    Claim this Listing
    New
    For Sale
    $250,000

    LAND - Woodlawn, VA

    Lot size:
    19.50 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 19 at 3:06 am

    Property Features for 101 Glade Creek Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    19.50 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    778

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank
    Water source
    Well
    Water front features
    Waterfront, Stream, Creek
    Water front
    1

    We can help!

    Listing Contact
    Janet Linkous

    Listing agent Janet Linkous License #0225235449

    Listing office Cox Realty 1110 E Stuart Drive, Galax, VA

    Listing date Apr 15, 2026

    MLS# 109629 Listing URL

    Copyright © 2026 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Woodlawn Pasture Land with Creek

    This property features 19.5 acres of pasture land with a creek flowing through the back. A small portion of the property is wooded, while most of the land is fairly level and clear. There is a 1938 home on the property, but its restoration feasibility is unknown. Additionally, there are three old mobile homes present. The property includes two septic systems and wells that were previously used with the mobile homes, along with one septic system and well used with the house; their current status is unknown. A newer lawn building is located near the house, accompanied by some older sheds. The property is primarily fenced with an electric fence, and cattle are currently grazing on the land. The zoning is R. Located in Woodlawn, Virginia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodlawn
    County
    Carroll
    State
    Virginia
    Longitude
    -80.7887926
    Latitude
    36.720185

    Nearby Similar for Sale

    • $775,000
      1,800 SF

      Profitable Restaurant and Food Truck

      Fully operational restaurant with food truck in high-traffic location.
      19 Gardner Dr., Woodlawn, VA 24381
      View Details
    • $370,000

      Wooded Land in Woodlawn, VA

      64-acre wooded land perfect for a mountain home or investment.
      Breezy Ridge Rd lot: Part 96-A-101, Woodlawn, VA 24381
      View Details
    • $649,000

      Picturesque Woodlawn Land with Creek

      107-acre Woodlawn tract with creek, mountain views.
      112-A-4 Heritage Rd lot: 0, Woodlawn, VA 24381
      View Details
    • $25,950

      Cleared Acreage in Woodlawn, VA

      One-acre cleared tract with paved road frontage and available public water.
      Coulson Church Rd lot: 1, Woodlawn, VA 24381
      View Details
    • $95,900

      Woodlawn, VA Building Site

      5.61 acre building site with electric and creek.
      Brownstone Lane lot: 6, Woodlawn, VA 24381
      View Details
    • $64,950

      Woodlawn, VA Building Lot

      Cleared 5.61 acre lot ready for new home.
      Turkey Run lot: 12, Woodlawn, VA 24381
      View Details
    • $29,800

      Woodlawn, VA Ready-to-Build Land

      2.5 acres near Blue Ridge Parkway, ready to build.
      Cove Ln lot: 7, Woodlawn, VA 24381
      View Details
    • $74,000

      Woodlawn, VA Usable Land

      6.55 acres of land suitable for building or subdivision.
      Corner Miller Ln & Locust Ridge Rd lot: 124-A-168, Woodlawn, VA 24381
      View Details

    FAQs

    What type of property is this?
    Farm - 19.5 acres of pasture land with creek in Woodlawn.
    Where is this farm located?
    The property is located at 101 Glade Creek Road Woodlawn, VA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Beautiful pasture land with creek; Waterfront features: Creek, Stream; Fenced property suitable for livestock
    (276) 733-1577
    We can help!
    Listing Contact
    Janet Linkous
    Real Estate License ID: 0225235449
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!