Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    292 MERION Gordonsville, VA 22942

    View on Map
    Claim this Listing
    For Sale
    $65,000

    LAND - GORDONSVILLE, VA

    Lot size:
    0.35 Acres
    Added:
    Jan 10, 2026
    Days on Market:
    116
    Last Refresh:
    May 6 at 7:06 pm

    Property Features for 292 MERION

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Annual Amount
    113

    We can help!

    Listing Contact
    Amanda Johnson

    Listing agent Amanda Johnson License #0225203958

    Listing office Vylla Home 283 Constitution Drive unit: 102, NEWPORT NEWS, VA

    Listing date Jan 10, 2026

    MLS# VALA2009124 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Gated lake community with resort‑style amenities including a clubhouse, pool, tennis courts, walking trails, and lake access.
    • Ideal for full‑time residence, weekend getaway, or investment property.
    • Located in the sought‑after Shenandoah Crossing community.
    • Conveniently located to Gordonsville, Lake Anna, Charlottesville, and Richmond.
    • Private and peaceful natural surroundings.
    • Vacant lot ready for building a custom home.

    Overview

    Land in Shenandoah Crossing

    This vacant lot, situated in the Shenandoah Crossing gated lake community, offers an opportunity to build a retreat with privacy and nature. The 0.35-acre property provides access to a clubhouse, swimming pool, tennis courts, walking trails, and a scenic lake. It is located conveniently to Gordonsville, Lake Anna, Charlottesville, and Richmond. The property is suitable for a full-time residence, weekend getaway, or future investment. The property is located in Louisa County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Gordonsville
    County
    Orange
    State
    Virginia
    Longitude
    -78.1851
    Latitude
    38.0919

    Nearby Similar for Sale

    • $22,500

      Residential Lot in Lake Community

      Building lot in Gordonsville, VA with resort amenities.
      277 OAKMONT DR, GORDONSVILLE, VA 22942
      View Details
    • $159,000

      Gordonsville Commercial Space For Sale

      3500 sq ft commercial space with office and living area.
      117 MARTINSBURG Avenue, GORDONSVILLE, VA 22942
      View Details
    • $20,000

      Golf Course Lot in Gordonsville

      Residential lot near amenities in Shenandoah Crossings County Club.
      Pinehurst Drive lot: 109, Gordonsville, VA 22942
      View Details
    • $45,000

      Residential Land in Shenandoah Crossing

      Vacant lot in gated community with resort-style amenities.
      127 PEBBLE BEACH DR, GORDONSVILLE, VA 22942
      View Details
    • $25,000

      GORDONSVILLE, VA Building Lot

      Building lot in gated resort community with many amenities.
      100 NE OAKMONT DR, GORDONSVILLE, VA 22942
      View Details
    • $50,000

      Lake View Lot in Gordonsville

      Residential lot with lake view and community amenities.
      0 GLEN EAGLES DR, GORDONSVILLE, VA 22942
      View Details
    • $50,000

      Lake View Lot in Gordonsville

      Residential lot with lake view and community amenities in Gordonsville.
      0 GLEN EAGLES DR, GORDONSVILLE, VA 22942
      View Details
    • $159,000
      3,500 SF

      Retail Space with Living Area

      3500 sq ft retail space with office and living area.
      117 MARTINSBURG Ave, Gordonsville, VA 22942
      View Details
    • $25,000

      Residential Land in Gordonsville, VA

      Residential land for sale near Lake Izac and Shenandoah Crossing.
      99 OAKMONT DR, GORDONSVILLE, VA 22942
      View Details
    • $25,000

      Residential Lot in GORDONSVILLE, VA

      0.48-acre building lot in Shenandoah Crossing.
      PINEHURST Drive lot: 206, GORDONSVILLE, VA 22942
      View Details
    • $999,000

      Gordonsville Golf Course Redevelopment Opportunity

      131-acre golf course with redevelopment potential near Shenandoah Crossing Resort.
      1944 SHENANDOAH CROSSING DRIVE, GORDONSVILLE, VA 22942
      View Details
    • $34,900

      Residential Lot in Shenandoah Crossing

      Buildable lot with amenities in Shenandoah Crossing Country Club.
      W PEBBLE BEACH Drive lot: 132, GORDONSVILLE, VA 22942
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot in gated community with resort-style amenities.
    Where is this residential land & home lot located?
    The property is located at 292 MERION Gordonsville, VA.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: Gated lake community with resort‑style amenities including a clubhouse, pool, tennis courts, walking trails, and lake access.; Ideal for full‑time residence, weekend getaway, or investment property.; Located in the sought‑after Shenandoah Crossing community.
    (703) 398-3878
    We can help!
    Listing Contact
    Amanda Johnson
    Real Estate License ID: 0225203958
    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

    Thank You for Inquiry
    292 MERION, GORDONSVILLE, VA 22942
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!