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    61 Penny Ln Rocky Mount, VA 24151

    For Sale
    $130,000

    Residential - Single Family - Rocky Mount, VA

    Type:Single Family Residence
    Lot size:
    0.75 Acres
    Days on Market:
    192
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 61 Penny Ln

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Exterior features
    Underground Util
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Expense value
    150
    Expense
    POA Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Mountain to Lake Realty (540) 420-2030 [email protected]

    Listing agent BOB PARCELL (540) 483-5566

    Listing date Jun 5, 2025

    MLS# 917979 Listing URL

    Copyright © 2025 Roanoke 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.

    Overview

    Residential Lot with Mountain Views

    This 0.75-acre lot is located in Rocky Mount, Virginia, and offers views of Smith Mountain to the rear and Cahas Mountain and the Blue Ridge in front. The property is situated in an area with well-maintained homes. The lot has a favorable layout. The buyer is responsible for the costs associated with connecting to water, sewer, and power.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Spa & Massage Auto Repair Shop Hotel & Motel Kitchen & Bath Convenience Store Car Rental Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Franklin
    State
    Virginia
    Longitude
    -79.887549
    Latitude
    37.026192

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    FAQs

    What type of property is this?
    Residential land & home lot - Rocky Mount lot with views and easy utility connections.
    Where is this residential land & home lot located?
    The property is located at 61 Penny Ln Rocky Mount, VA.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Excellent lot with breathtaking mountain views of Smith Mountain, Cahas Mountain, and the Blue Ridge.; - Located in the desirable town of Rocky Mount.; - Situated in an area of very nice homes.
    (540) 483-5566
    Request Owner's contact information
    61 Penny Ln Rocky Mount, VA 24151
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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
    61 Penny Ln Rocky Mount, VA 24151
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