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    2 Riley St Lebanon, VA 24266

    For Sale
    Contact for pricing

    LAND - Lebanon, VA

    Lot size:
    0.36 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for 2 Riley St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    multi family
    APN
    104l Lu 2a,B,C,D
    Lot size
    0.36 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    JONES PROPERTY GROUP, LLC (423) 989-4100

    Listing agent Laura Ashley (423) 989-4100 License #320495

    Listing date Nov 4, 2025

    MLS# 9980295 Listing URL

    Copyright © 2025 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.

    Overview

    Residential Land in Lebanon, VA

    This 0.36-acre land parcel is zoned for multi-family use, suitable for townhomes or duplexes. Public water and sewer services are available. The property is located in Colony Park, which offers access to a clubhouse and pool. Situated in Lebanon, Virginia, the lot is conveniently located within minutes of dining, shopping, and schools.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Gym & Fitness Auto Parts Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Russell
    State
    Virginia
    Longitude
    -82.107578
    Latitude
    36.888637

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    FAQs

    What type of property is this?
    Land - 0.36 acre lot zoned for townhomes or duplexes.
    Where is this land located?
    The property is located at 2 Riley St Lebanon, 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: - Zoned for townhomes or duplexes, offering development flexibility; - Public water and sewer available, simplifying development; - Access to Colony Park clubhouse and pool
    (423) 989-4100
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    2 Riley St Lebanon, VA 24266
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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
    2 Riley St Lebanon, VA 24266
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