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

    11210 Riverview Rd Coeburn, VA 24230

    View on Map
    Sponsored
    For Sale
    $265,000

    LAND - Coeburn, VA

    Lot size:
    26.06 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 10 at 11:06 am

    Property Features for 11210 Riverview Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    APN
    010340
    Lot size
    26.06 Acres

    Utilities

    Water front features
    River Front
    Water front
    1

    We can help!

    Listing Contact
    Brett Tiller

    ReMax Cavaliers Wise (276) 301-7010

    Listing agent Brett Tiller (276) 365-0763 License #0225239199

    Listing date Mar 10, 2026

    MLS# 9992128 Listing URL

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    26 Acres in Coeburn, VA

    This 26.06-acre parcel is located in Coeburn, Virginia, and is situated minutes from Lonesome Pine Raceway. The property, formerly Twin River Raceway, has been approved as a campground location. This property offers development potential for investors or entrepreneurs looking to develop a recreational destination. The property may be suitable for a campground, recreational venue, or other commercial possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Guest River Griffons Pet Store Twin River Raceway Racecourse

    Suggested Use

    Restaurant Law Firm Dental Office Auto Repair Shop Auto Parts Store Pharmacy Food Market Accounting Firm Storage Facility Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Coeburn
    County
    Wise
    State
    Virginia
    Longitude
    -82.497473
    Latitude
    36.935324

    Nearby Similar for Sale

    • New
      $275,000
      3,600 SF

      Turnkey Commercial Space in Coeburn

      Versatile 3,600 sqft commercial space suitable for various businesses.
      118 NE Grand Ave, Coeburn, VA 24230
      View Details
    • $40,500
      675 SF

      Coeburn Commercial Unit For Sale

      Commercial unit featuring four rooms, half bath, and parking.
      340 E Front St, Coeburn, VA 24230
      View Details
    • $1,000,000
      10,000 SF

      Coeburn Multifamily Investment Opportunity

      Four properties with immediate income and significant upside potential.
      207 NE Diagonal Ave, Coeburn, VA 24230
      View Details
    • $199,000
      960 SF

      Turnkey Restaurant in Prime Location

      Well-equipped restaurant for sale in high-traffic area.
      314 E Front St, Coeburn, VA 24230
      View Details
    • $1,491,750
      1.73 Acres

      NNN Retail Investment Opportunity

      Leased to Family Dollar with long-term renewal options.
      202 Front St, Coeburn, VA 24230
      View Details
    • $1,491,750
      8,400 SF

      Family Dollar Leased Investment Property

      NNN leased investment property with long-term tenant.
      202 Front St, Coeburn, VA 24230
      View Details
    • $485,000

      Coeburn Historic Mixed-Use Gem

      Three-story building with commercial and residential spaces in historic downtown.
      501 Front St, Coeburn, VA 24230
      View Details
    • $1,578,000
      8,400 SF

      202 Front St

      Retail properties & Spaces • 8,400 SF
      202 Front St, Coeburn, VA 24230
      View Details
    • $285,000
      7,722 SF

      Downtown Coeburn Mixed-Use Building

      7,722 SF, 7 Units, Owner Financing Available
      501 High Ave, Coeburn, VA 24230
      View Details
    • $65,000
      640 SF

      Coeburn Commercial Space: Turn-Key Salon

      Own Your Salon! Prime Coeburn Location.
      410 Quillen Ave, Coeburn, VA 24230
      View Details
    • Contact for pricing

      Commercial Space on Front Street

      Large commercial space suitable for various business ventures.
      213 E Front St, Coeburn, VA 24230
      View Details
    • Contact for pricing

      Historic Building with Unique Signage

      Unique historic building with original signage in Coeburn, Virginia.
      417 Front St, Coeburn, VA 24230
      View Details

    FAQs

    What type of property is this?
    Recreation land - 26-acre parcel with development potential in Coeburn, Virginia.
    Where is this recreation land located?
    The property is located at 11210 Riverview Rd Coeburn, VA.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - 26-acre parcel with development potential in Coeburn, VA.; - Approved as a campground location.; - Located minutes from Lonesome Pine Raceway.
    (276) 365-0763
    Request Owner's contact information
    11210 Riverview Rd Coeburn, VA 24230
    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.
    11210 Riverview Rd
    Coeburn, VA 24230
    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
    11210 Riverview Rd Coeburn, VA 24230
    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

    We can help!
    Listing Contact
    Brett Tiller
    Real Estate License ID: 0225239199
    (276) 365-0763
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!