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    Catawba Valley Equestrian Estate Title is generated by Realmo AI

    5600 Mount Tabor Road, Catawba, VA 24070

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    Claim this Listing
    Pending
    $2,100,000

    Ranch, Farm - Catawba, VA

    Type:Farm
    Lot size:
    157.86 Acres
    Added:
    Feb 14, 2026
    Days on Market:
    98
    Last Refresh:
    May 23 at 12:06 pm

    Property Features for 5600 Mount Tabor Road

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Window features
    Skylight(s)
    Patio and Porch features
    Patio, Porch
    Interior features
    Custom Cabinets, Custom Countertops, Exposed Beams, Extra Storage, Laundry On Main, Many Built-ins, Pantry, Pocket Door(s), Skylight, Spa Shower, Spa Tub, Upgrd/Gourmet Ktchn, Vaulted Ceiling, Walk-in Closet(s), Walls-drywall, Windowtreatment(s)
    Exterior features
    Barn, Blacktop Driveway, Fenced Yard, Fencing-total, Garage Space, Garden Space, Hay Shed, Insulated Glass, Other - See Remarks, Porch, Private Yard, Quality Landscaping, Screened Porch, Shed, Storage Shed, Tack Room, Tractor Shed, View, Water Feature, Waterfall, Workshop, Patio, Solar Panels
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Oven - Double, Range, Refrigerator, Washer, Water - Softener
    Standard status
    Pending
    APN
    000620
    Lot size
    157.86 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    10367.16

    Utilities

    Heating system
    Heat Pump (Heating), Natural Gas, Propane (Heating), See Remarks (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    2020
    Floors in Building
    1
    Building materials
    Stone
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Garage(s), Packing Shed, See Remarks, Shed(s), Storage, Workshop

    We can help!

    Listing Contact
    Andrea Hammond

    Listing agent Andrea Hammond

    Listing office RE/MAX 8 - Blacksburg 1344 N. Main St., Blacksburg, VA

    Listing date Feb 14, 2026

    MLS# 426374 Listing URL

    Copyright © 2026 New River Valley 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.

    HighLights

    • 157‑acre horse property with direct access to miles of private and National Forest riding trails.
    • Premium equestrian facilities: 3‑stall barn, individual paddocks, hot/cold water, conditioned tack room with full bath, drive‑through trailer bays.
    • Full 3BR/2BA apartment above the barn, ideal for staff, guests, or multi‑generational living.
    • Fenced and well‑drained pastures with fescue grass and frost‑free water in every pasture.
    • Custom home built in 2020 with interior features like custom cabinets, gourmet kitchen, spa shower/tub, and vaulted ceilings.
    • Additional amenities: 6‑bay pole shed, RV hookups, spring with creek, ample space for trailers/equipment, and solar panels.

    Overview

    This outstanding 157-acre horse property is located in Catawba Valley. It features a custom home and premium equestrian facilities, with direct access to miles of private and National Forest riding trails. The barn includes 3 stalls, individual paddocks that open to larger turnout, hot and cold water, a conditioned tack room with a full bath, and drive-through trailer bays. A full 3-bedroom, 2-bathroom apartment is situated above the barn, ideal for staff, guests, or multi-generational living. The property allows direct access to an extensive trail network connecting to the Audie Murphy fire road, National Forest, Pandapas Pond, and Belliveau Winery. The pastures are fenced and well-drained, featuring fescue grass and easy access to frost-free water in every pasture. Additional amenities include a 6-bay pole shed, RV hookups, a spring with creek, and ample space for trailers, equipment, or future expansion. This is a rare opportunity to own a beautifully designed, fully functioning equestrian estate with exceptional riding access and complete privacy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Law Firm Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Catawba
    County
    Roanoke
    State
    Virginia
    Longitude
    -80.2656531
    Latitude
    37.3250791

    FAQs

    What type of property is this?
    Horse & equestrian property - 157-acre horse property with custom home and equestrian facilities.
    Where is this horse & equestrian property located?
    The property is located at 5600 Mount Tabor Road Catawba, VA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: 157‑acre horse property with direct access to miles of private and National Forest riding trails.; Premium equestrian facilities: **3‑stall barn, individual paddocks, hot/cold water, conditioned tack room with full bath, drive‑through trailer bays.**; **Full 3BR/2BA apartment above the barn, ideal for staff, guests, or multi‑generational living.**
    (540) 808-8484
    We can help!
    Listing Contact
    Andrea Hammond
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    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.

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    5600 Mount Tabor Road, Catawba, VA 24070
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