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    7 Spg Hlw Rd, Unit 596 Castlewood, VA 24224

    For Sale
    $425,000

    LAND - Castlewood, VA

    Lot size:
    319.50 Acres
    Days on Market:
    203
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 7 Spg Hlw Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Cleared
    Zoning
    Rural
    Lot size
    319.50 Acres

    Utilities

    Water front features
    Creek, Waterfront, Stream
    Water front
    1

    Building Details

    Additional Structures
    None

    EXP REALTY LLC (866) 825-7169 [email protected]

    Listing agent Rd Snead (276) 608-6844

    Listing date May 22, 2025

    MLS# 99864 Listing URL

    Copyright © 2025 Southwest Virginia 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

    320 Acres Wooded Land

    This offering consists of three parcels totaling approximately 320 acres on both sides of Seven Springs Hollow Road in Castlewood, VA. The land is heavily wooded, presenting opportunities for various uses. Seven Springs Creek runs through the property, essentially following the road, and a spur of the creek runs across two of the parcels. The parcels are hilly with some steep terrain. Logging rights are not included in the initial purchase price. The seller is obtaining a timber valuation, which will be added to the purchase price. Alternatively, the seller can log the property before closing, retaining all proceeds.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Castlewood
    County
    Russell
    State
    Virginia
    Longitude
    -82.2578026
    Latitude
    36.8709844

    Nearby Similar for Sale

    • $550,000

      Established Restaurant with Income Potential

      Long-standing restaurant with additional office and residential income.
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    FAQs

    What type of property is this?
    Land - Pristine wooded acreage perfect for your dream project.
    Where is this land located?
    The property is located at 7 Spg Hlw Rd, Unit 596 Castlewood, VA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - 320 acres of heavily wooded acreage; - Three parcels included in the offering; - Seven Springs Creek runs through the property
    (276) 608-6844
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    7 Spg Hlw Rd, Unit 596 Castlewood, VA 24224
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    Castlewood, VA 24224
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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
    7 Spg Hlw Rd, Unit 596 Castlewood, VA 24224
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