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    15 Waterfront Dr Raphine, VA 24472

    For Sale
    $129,000

    Building Lots - RAPHINE, VA

    Lot size:
    0.50 Acres
    Days on Market:
    470
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 15 Waterfront Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1 Residential General
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Expense value
    1000
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Cottonwood Commercial LLC (540) 434-9922

    Listing agent Barry Suttles (540) 434-9922 License #0225214327

    Listing date Aug 23, 2024

    MLS# 656179 Listing URL

    Copyright © 2025 Harrisonburg-Rockingham 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

    Residential Building Lot in Raphine

    This builder-owned lot, zoned R-1 Residential General, is available for the construction of a residential property. The lot spans 0.5 acres and is located in Raphine, Virginia. It can be built to suit or sold for individual plans with a chosen builder.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Gym & Fitness Hotel & Motel Pharmacy Skin Care Clinic Bar & Pub Convenience Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Raphine
    County
    Rockbridge
    State
    Virginia
    Longitude
    -79.232407
    Latitude
    37.917134

    Nearby Similar for Sale

    • $699,900
      0.32 Acres

      Land For Sale in Raphine

      Land available for purchase in Raphine, Virginia.
      2498 Raphine Rd, Raphine, VA 24472
      View Details

    FAQs

    What type of property is this?
    Land - Residential building lot available in Raphine, Virginia.
    Where is this land located?
    The property is located at 15 Waterfront Dr Raphine, VA.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - Builder-owned lot.; - Available to be built to suit your needs.; - Suitable for residential property.
    (540) 434-9922
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    15 Waterfront Dr Raphine, VA 24472
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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
    15 Waterfront Dr Raphine, VA 24472
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