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    108 Pt Lookout Ln, Unit 108 Independence, VA 24348

    For Sale
    Contact for pricing

    LAND - Independence, VA

    Lot size:
    5.30 Acres
    Days on Market:
    192
    Last Refresh:
    Dec 8 at 10:06 am

    Property Features for 108 Pt Lookout Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RR
    Lot size
    5.30 Acres

    Utilities

    Utilities
    Electricity Available

    Collins & Associates Realty (276) 233-5494 [email protected]

    Listing agent Joan Collins (276) 233-5494

    Listing date May 31, 2025

    MLS# 56299 Listing URL

    Copyright © 2025 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

    Wooded Land in Blue Ridge Mountains

    This 5.296-acre wooded tract is located in the Blue Ridge Mountains and features mature growth forest with large, ancient trees and a full canopy. The property is nicely contoured, offering several potential building sites with easy driveway access that minimizes ground disturbance. It is situated within a community that includes over 300 acres of common area and green space, hiking trails, paved roads, underground electric and telephone services, protective covenants, and abundant wildlife. The location provides close proximity to the New River, Grayson Highlands State Park, and Jefferson National Forest, offering access to the recreational opportunities available in Grayson County. The property is located in Independence, Virginia.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Independence
    County
    Grayson
    State
    Virginia
    Longitude
    -81.1484199
    Latitude
    36.6444859

    Nearby Similar for Sale

    • $79,000
      1,500 SF

      Commercial Property Near Historic Courthouse

      Commercial property with office space, conference rooms, and kitchen area.
      116-122 N Independence Ave, Independence, VA 24348
      View Details

    FAQs

    What type of property is this?
    Land - 5.3 acre wooded tract near New River and Grayson Highlands.
    Where is this land located?
    The property is located at 108 Pt Lookout Ln, Unit 108 Independence, VA.
    What is the asking price?
    The asking price for this property is $24,900.
    What are key features of this property?
    This property features: - Located in a community with **300+ acres of common area and green space, hiking trails, and paved roads.**; - **Mature growth forest with huge, ancient trees and a full canopy.**; - Close proximity to the New River, Grayson Highlands State Park, and Jefferson National Forest.
    (276) 233-5494
    Request Owner's contact information
    108 Pt Lookout Ln, Unit 108 Independence, VA 24348
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    Independence, VA 24348
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    Realmo Value Estimation

    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.

    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.

    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
    108 Pt Lookout Ln, Unit 108 Independence, VA 24348
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